Starting a business in India involves legal formalities, one of the most important being company registration . While GST registration is mandatory for businesses that meet specific criteria, many startups and small businesses can operate without it during their initial stages. This guide will walk you through the process of company registration without GST , ensuring your business is legally compliant while minimizing the burden of unnecessary formalities. What is Company Registration? Company registration is the process of legally incorporating a business under the Companies Act, 2013. It provides your company with a unique identity, protecting the business owners and enabling operations in the regulated Indian market. Businesses can choose from various structures such as private limited companies, public limited companies, sole proprietorships, or partnerships, depending on their needs and goals. For many businesses, starting operations without GST registration allows them to focu
Starting a new business in India is an exciting journey, but it often requires financial support to turn ideas into reality. Finding the right funding for startups can be a challenging yet crucial step, especially if your business is registered as a private limited company. With the right strategy, startups can access various funding options that support their growth and success. This article will explore different ways to secure funding for startups in India, focusing on options like bank loans, angel investors, venture capital, government schemes, and more. 1. Bootstrapping: Starting with Personal Savings Before looking for external funding for startups, many founders start by investing their own money into their business. This is called bootstrapping. Using personal savings or contributions from family and friends allows you to start small without immediately giving away ownership in your company. Advantages of Bootstrapping : Full Control : Since you're not taking money from e