A startup is a newly formed company that is often tiny and was founded by one or more people. A startup delivers a novel good or service that isn’t provided in the same way elsewhere, which sets it apart from other young companies. Innovation is the operative term. The company either creates a brand-new good or service, or it improves upon one that already exists.
Your company must first be incorporated as a Limited Liability Partnership, a Private Limited Company, or a partnership firm. You must adhere to all standard business registration requirements, such as submitting an application and receiving a certificate of incorporation or partnership registration.
By submitting a registration application to the Registrar of Companies (ROC) in your area, you can incorporate a Private Limited Company or a Limited Liability Partnership (LLP). By submitting an application for your company’s registration with the local registrar of firms, you can create a partnership firm. The registration application must be submitted to the Registrar of Companies or Registrar of Firms along with the necessary paperwork and fees.
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