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Benefits of Outsourcing Accounting and Legal Work for Startup

Startups look after all the key aspects of their enterprise. These aspects range from HR, Credit Control, Accounts, Legal Work, Logistics, Web Design and many more, because Starup usually don’t have surplus funds to afford full-time employees for all these tasks. While there are many benefits of outsourcing accounting and legal work for Startup. Handling these tasks by one person can lead to business burnout. Therefore, we shall discuss the benefits of outsourcing legal work for Startup in this article. For any business to prosper, its management and employees must stick to areas where they excel at. Large businesses can maintain an in-house accounting and legal department, but Startup usually can’t afford to. You can easily outsource areas like Accounts Department, Legal Work to experts. When all the aspects of a business are managed by experts, a business is set to touch new heights. Benefits of Outsourcing Legal and Accounting Work for Start up-  Saves Time- Outsourc
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How to Register a Private Limited Company?

The biggest question when starting a company is, the type of structure you choose for your company. This decision determines your ability to raise funds and the personal liability you face. The popular structures among Startups are LLP, Pvt. Ltd., One Person Company. Private Limited is the most preferred of all. Why choose Company Registration in India? Benefits Registering a company offers many benefits. A registered company makes it genuine and increases the authenticity of your business. Shields from personal liability and protects from other risks and losses. Attracts more customers Procures bank credits and good investment from reliable investors with ease. Offers liability protection to protect your company’s assets Greater capital contribution and greater stability Increases the potential to grow big and expand You will also get Zero Balance Current Account - Powered by DBS Bank * How to Register Company Online? - A detailed registration process Company Registration i

Job Offer And Employment Contract

What Is An Employment Contract? An employment contract/agreement is a letter issued by the employer to a candidate who has been selected for a certain job offering a role in the organisation. This agreement is rather an elaborate document which not only offers and confirms the job, provides a breakup of compensation, but also describes the role and responsibilities in detail. Remember, the employment letter should be an extensive document covering all aspects of employment. When To Use An Employment Contract? Statutory document at the time of offering employment To document employee – employment contract To  lay out the terms and conditions of work To specify remuneration & other benefits What Does A Contract Of Employment Cover? Designation & Role title Terms & Conditions of employment Remuneration Details Place and location of work Confidentiality clauses Reporting department HR policies Leave & Attendance policy Others How To Make It Enforceable And Legall

Why Make A 11 Month Rental Agreement?

Ever wondered why your landlord wants you to sign a 11-month rental agreement? Why 11-months after all, why not just get it done for the year? What’s the big deal, it’s only a matter of a month right? We are here to answer your questions about the 11-month Rental Agreement. Essence Of A Rental Agreement A rental agreement is a document that defines the legal relationship between a landlord and a tenant. It sets out certain obligations of each party and also acts as an evidence, in case any dispute arises regarding the property. A rental agreement contains the duties and responsibilities of all the parties concerned. A good rental agreement should ideally specify the names of the parties living in the building and clearly mention the date of the rental period, that is, contain the tenure of tenancy. Specific dates from which date to which the lease of the agreement would be valid have to be mentioned here. Some agreements also go the extra step and mention the common dutie

FSSAI: Guide (FSSAI Registration + License, Etc)

Food Safety and Standards Authority is an autonomous body established under the Food Safety and Standards Act of 2006. The FSSAI is responsible for promoting and protecting public health by implementing and supervision and regulation of food safety by appointing food safety authorities on a state level. The primary aim of FSSAI standards are: The laying down of the standard norms for food articles on a scientific basis. To maintain and regulate the manufacture, storage, sale, distribution, and import of food in the most optimal manner that operates within the framework of the Food Safety and Standard Act, 2006. Ensure and facilitate the quality and safety of the food distributed to the masses and the public by culinary establishments. Steps for FSSAI Registration Step 1: Visit the online website, http://foodlicensing.fssai.gov.in . On priority, you must check your eligibility criteria; whether you are eligible for a State License, a Central License, or a Basic Lice

Why You Should Always Get A Lawyer For Filing Your Trademarks

One is encountered with this question very often whether to register a trademark for the business by oneself or to get a lawyer for the same. There are cases when one feels that one can do as good as a lawyer while registering a trademark and the thought of saving the lawyer fees is very tempting. However, this might prove to be counterproductive because the process of trademark registration can be a complicated process at times and any menial mistake after the submission of the application can cost anybody both money and time. On the other hand, that menial mistake could have been easily spotted by the individual and could have made your process smooth and seamless. This article below will take you through the risks of filing the trademark yourself and the need for a lawyer to file your trademark. What are the risks in trademark registration if you do it yourself? There are manifold risks involved in registering the trademark by oneself without the help of any lawyer expert in that

Startup India Registration Under DIPP

Benefits of being a DIPP Recognized Startup . Exemption from Income Tax The entity registered under Startup India Scheme can avail exemption from payment of income tax for 3 consecutive years out of the first 10 years from the date of incorporation of the entity. To avail this benefit after getting the recognition the Startup has to separately apply to the IMB Inter-Ministerial Board. Exemption from Angel Tax Startups are mainly funded through angel investment. But such investment is taxable. To increase the funding for startups, the government has exempted registered startups from the tax levied on angel investment. The tax exemption is granted up to the total amount of paid-up share capital and share premium does not exceed Rs. 25 Crore after the proposed issue of share. Reduced IPR registration fees The recognized Startup will be eligible to claim a rebate in Trademark and Patent application fees. Such an entity will be able to claim a 50% rebate in Trademark application fees a