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Can I Register My Startup as a Private Limited Company or Should I Go for an LLP?

  Can I Register My Startup as a Private Limited Company or Should I Go for an LLP?” πŸ’πŸ”πŸ’‘ A question that frequently pops up among aspiring entrepreneurs: πŸ‘‰ “Should I register my startup as a Private Limited Company or opt for a Limited Liability Partnership (LLP)?” πŸ’₯ #StartupIndia #BusinessStructure #PrivateLimitedCompany #LLPIndia #LegalStructure #IndianBusinessLaw ✅ Short Answer: It depends on your business needs, but here’s a quick rundown of both options: 🏒 vs. 🀝 Private Limited Company (PLC) Ownership : Shareholders (min 2) Liability : Limited to share capital (personal assets are safe!) πŸ›‘️ Taxation : Corporate tax rate (with tax benefits for startups) πŸ’° Pros : Attracts investors, higher credibility, scalability πŸš€ Cons : More paperwork and compliance, higher costs πŸ“ˆ Limited Liability Partnership (LLP) Ownership : Partners (min 2, no upper limit) Liability : Limited to the partner’s contribution ✋πŸ’Ό Taxation : Pass-through taxati...

What Should I Include in a Contract for My Startup?

  What Should I Include in a Contract for My Startup? πŸš€πŸ’ΌπŸ“‘” You’ve got the vision, the idea, and the drive to start your business. But hold on! Before you dive in, have you thought about contracts ? πŸ€” The right contract can make or break your startup — no pressure, right? πŸ˜… πŸ”₯ Client Question of the Day : “What should I include in a contract for my startup?” #StartupContracts #BusinessStartupIndia #LegalStartups #LexisAndCompany 🎯 Answer : Starting a business is exciting, but it also means creating strong legal frameworks to protect yourself. Here's a checklist of key clauses every startup contract should have — because the last thing you want is a “surprise” lawsuit! 😬 πŸ“Œ #StartupIndia #BusinessContracts #LegalProtectionForStartups πŸ§‘‍⚖️ Key Clauses to Include in Your Startup Contract : 1️⃣ Scope of Work (SoW) Clearly define what each party is responsible for. Be specific! Is it product development? Marketing? Support? The clearer the terms, the fewer the misunder...

What Happens if I Don’t Register My Trademark in India?

  What Happens if I Don’t Register My Trademark in India?” πŸš«πŸ”– Here’s a question we often get from new business owners: πŸ‘‰ “Do I really need to register my trademark in India, or can I just start using it?” πŸ’₯ #TrademarkRegistrationIndia #BrandProtection #IntellectualProperty #BusinessBranding #LegalProtection #IndianTrademarkLaw ✅ Short Answer: While you can technically use a trademark without registration, you really shouldn't. 🚨 Here’s why: A registered trademark offers exclusive rights, and protects your brand from infringement. Without it, anyone can legally use or copy your brand, and you’ll have zero leverage in court. 😱⚖️ #IPProtection #TrademarkLaw #BrandInfringement #LegalProtectionIndia #BusinessBranding πŸ“Œ Key Reasons Why Trademark Registration is a MUST: Exclusive Rights: You get the exclusive right to use the mark anywhere in India πŸ›‘πŸ”’ Legal Protection: If someone tries to copy or infringe your brand, a registered trademark strengthens your ca...