Tag Archives: #SmallBusinessLegalities

Is fssai license mandatory for small business?

FSSAI License Mandatory for Small Business   FSSAI License Mandatory for Small Business, Yes, obtaining an FSSAI (Food Safety and Standards Authority of India) license is mandatory for small businesses that are involve in food-related activities. The FSSAI is the governing body responsible for regulating and supervising the food safety and hygiene standards in India.… Read More »

Q6.74 Business partnership vs LLC ?

Business partnership vs LLC A business partnership and a limited liability company (LLC) are two distinct legal structures for businesses. Business partnership vs LLC: 1.Liability Protection: Partnership: In a partnership, partners have unlimited personal liability for the debts and obligations of the business. This means that if the partnership cannot meet its financial obligations, partners… Read More »

Do you have to register your business as a sole proprietor?

Do you have to register your business as a sole proprietor The requirement to register your business as a sole proprietor can vary depending on the country, state, or region in which you operate. In many jurisdictions, there is no legal requirement to register a sole proprietorship specifically. As a sole proprietor, you can typically… Read More »

Is mandatory DSC for proprietor ship in GST?

Requirement of DSC for proprietorship in GST   Requirement of DSC for proprietorship in GST: No, obtaining a Digital Signature Certificate (DSC) is not mandatory for a proprietorship when it comes to GST registration or GST return filing. In the case of a proprietorship, which is a business own and controlled by a single individual,… Read More »

How do I register a company as a sole proprietorship?

How do I register a company as a sole proprietorship Sole proprietorship are not required to be registered with the government. To register a company as a sole proprietorship However, depending on the nature of the business and its operations, there may be certain registrations and licenses that the proprietorship needs to obtain in order… Read More »