Your SlideShare is downloading. ×
Legal issues for start up
Legal issues for start up
Legal issues for start up
Legal issues for start up
Legal issues for start up
Legal issues for start up
Legal issues for start up
Legal issues for start up
Legal issues for start up
Legal issues for start up
Legal issues for start up
Legal issues for start up
Legal issues for start up
Legal issues for start up
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Legal issues for start up

1,170

Published on

Highlighting the legal issues pertaining to start-ups and business. Ranging from choice of entity, contracts, IPR issues, compliance, licenses, funding.

Highlighting the legal issues pertaining to start-ups and business. Ranging from choice of entity, contracts, IPR issues, compliance, licenses, funding.

Published in: Business
0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total Views
1,170
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
69
Comments
0
Likes
1
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1.
    • STARTING A NEW BUSINESS
    • LEGAL CONSIDERATIONS
    RITAMBHARA AGRAWAL Entrepreneurship Seminar-2011 8 DECEMBER 2011 NIILM-Centre for Management Studies, Gr. Noida, India
  • 2. STARTING A NEW BUSINESS Start-up Is A Vital Time To Consider Legal Issues
  • 3. STRUCTURE OF THE ENTITY
    • Structure of the entity is a critical aspect, which needs attention since the start of the venture.
    • Structure of the entity decides the liabilities of the directors, tax implications, benefits, and statutory compliances required under the said structure and also the ability to raise funds.
    • In India, one can register as a private limited company, sole proprietorship, partnership, LLP or public limited company. E very structure has its own pro and cons.
    • While deciding the structure of the entity one has to also look into the target market and the nature of product and services offered.
    • Many entities go for a US incorporation depending upon their needs.
  • 4. STRUCTURE OF THE ENTITY Proprietorship Partnership LLP Private Limited Company Public Company Limited Liability Partnership 1 Person Venture More than 1 person operating jointly Corporate Structure Established Stage
  • 5. PRIVATE LIMITED COMPANY
  • 6. PROPRIETORSHIP Sole Proprietorship Concern, sole owner funds and operates business
  • 7. PARTNERSHIP Partnership amongst individuals to operate jointly and share profits
  • 8. LIMITED LIABILITY PARTNERSHIP LLP is an alternative corporate business structure that gives the benefits of limited liability of a company and the flexibility of a partnership
  • 9. FUNDING
  • 10. CONTRACTS Contracts form an essential part of a business. A Contract defines the understanding between the parties, stating their roles & responsibilities, mitigates risks and defines liability of each party. It ’ s important to have all the agreements in place and work under the same.  
  • 11. INTELLECTUAL PROPERTY RIGHTS For any venture like tangible assets, intangible assets are also highly valuable. Therefore, maintaining and protecting the IP of the company is very important and needs to be done since the inception of the company.
  • 12. INTELLECTUAL PROPERTY RIGHTS
  • 13. COMPLIANCE & LICENSES Every business and industry has different compliances to be followed. Make sure to comply with all the statutory and legal compliances and keep it documented.
  • 14. Thank you INDIA D-49, 1st Floor, Sector-63, Noida-201301 Tel: +91-0120-47040722, +91 -0120-4740700 Fax: + 91 11 2741 8595 USA Suite 119, 2 Davis Drive, Research Triangle Park, Durham (NC)-27709 Ph: 1 262 432 1718; Fax: 1 877 895 9706 E-mail:   [email_address] www.intelligere.in

×