5 Legal Steps Every Indian Startup Must Take First
Starting a business is exciting, but many first-time founders skip the legal part — and pay for it later. Here are the five legal steps every Indian entrepreneur must follow to build a solid startup foundation:
Key Points:
- Choose Your Business Type: Private Limited, LLP, Sole Proprietorship, or Partnership — each has pros and cons. Choose the right structure based on your goals and funding plans.
- Register with MCA : This gives your startup legal identity. Without Ministry of Corporate Affairs (MCA) registration, you’re not recognized officially.
- Apply for PAN, TAN & GST : These are your tax identity numbers. You’ll need them to invoice, deduct TDS, and collect taxes.
- Open a Business Bank Account : Never mix personal and business funds. A professional business account boosts trust and makes accounting easier.
- Trademark Your Brand : Your name, logo, or tagline is your business identity. Protect it legally through trademark registration.
