Start up Services

Start up Services

Start up Services

Startup companies often require a range of services to help them establish and grow their businesses. Here are some essential services that startup companies typically require

  • Business Incorporation: Startups need assistance with the legal process of incorporating their business, including choosing the right legal structure (e.g., LLC, C Corporation), registering with the appropriate government authorities, and drafting legal documents.
  • Startup Registration with Department for Promotion of Industry and Internal Trade (DPIIT) : A registered startup is allowed to self-certify their compliance under six labor laws and three environment laws. This is allowed for a period of five years from the date of incorporation of the entity. Registered Start up also get benefits of exemptions under section 56(2)(vii)(b) , 80 -IAC and 54(GB) of Income Tax Act on fulfillment of certain terms and conditions. Registration also helps integrating MSME Loans under different schemes of Nationalized Banks.
  • Seed Fund : Start up will need Incubator fund raising rounds from VC, PE , Angel Investors .Also both fund and non based fund limits from banks will be required right from the beginning.
  • Accounting and Bookkeeping: Managing finances is crucial for startups. Accounting and bookkeeping services help with tasks such as maintaining financial records, managing cash flow, preparing financial statements, and ensuring compliance with tax regulations.
  • Legal Services: Startups often require legal advice on various matters, including intellectual property protection, contracts and agreements, employment law, regulatory compliance, and raising capital. Legal services can help draft and review legal documents, provide guidance on legal issues, and offer general legal support.
  • Human Resources (HR) Consulting: As startups hire employees, they may need HR consulting services to assist with recruiting, onboarding, employee policies and procedures, performance management, and compliance with labor laws.
  • IT Support and Infrastructure: Technology is at the core of most startups, so reliable IT support is essential. IT services can include setting up and maintaining computer networks, managing software and hardware, cyber security, data backup and recovery, and cloud computing solutions.
  • Business Consulting: Startups often seek guidance from business consultants who can offer expertise in areas such as business strategy, market analysis, financial planning, fundraising, scalability, and operational efficiency.
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