Startup – Setup, Documentation & Advisory

Startup – Setup, Documentation & Advisory

Ranked as the best startup law firm in India, Corrida Legal assists startup founders in transforming their enthusiasm and ideas into workable business plans and helps them execute the same from a legal as well as compliance perspective. We provide comprehensive assistance to fledgling businesses, helping them establish and expand while safeguarding their intellectual property and achieving financial goals. Our advice covers setting up business models to handle e-commerce challenges, ensuring compliance with relevant regulations in India such as the Foreign Exchange Management Act, 1999, the Information Technology Act, 2000, and the Indian Contract Act, 1872. We also offer guidance on e-commerce platforms, marketing, advertising and financial assistance. As the preferred Indian law firm for startups, we support emerging businesses by lending our expertise and a helping hand as they craft their goods and services and effectively launch them into the market.

How We Assist Startups

With a team of specialised Indian lawyers, we help convert your ideas into a successful business and we are involved right from the stage of inception to the running of operations of your startup.

Startup Incorporation, Structuring & Registrations

Our work begins with conducting the incorporation of your startup and advising you on the relevant mode for the process. For instance, depending upon your business plans and vision including that of raising funds, we will advise you on the suggested mode of incorporation, such as, one person company, limited liability partnership or a private limited company. We don’t only incorporate your startup but also provide assistance with end-to-end legal and accountancy-based compliances. We actively handle the procurement of GST/MSME/Trademark/Startup-India (DPIIT) registrations for startups in addition to managing their time-bound ROC/TDS/GST/Audit-based compliances.

Post-incorporation Compliances

We quarterback all compliances and documentation that a startup requires once it becomes operational. A brief indication of the work we do is provided below:

1. Employment-related documents

(a) Employment Contract: The key contract to be executed between the startup and its prospective employees. This employment contract can be tweaked if a senior management professional is on-boarded – suggestions will be provided in this regard by way of comments;
(b) Company Service Rules (Employee Handbook): The Service Rules are a detailed set of rules that prescribe key aspects of employment such as working hours, maternity leaves, statutory benefits, workplace code of conduct, additional grounds of termination, exit formalities and requirements etc. These rules can be made available to employees in the form of an Employee Handbook and different policies form a part of the Handbook, namely: Exit policy/ IT Hardware Usage policy/ Social Media Usage policy/ Leaves policy/ Attendance Policy/Dress Code etc.;
(c) Equal Opportunity Policy: We, as the preferred startup law firm in India, along with our team of expert lawyers, shall draft the afore-mentioned policy which is required as per applicable laws. This policy is required to be published on the startup’s website, or at a conspicuous place in its premises; &
(d) Personal Information Collection Notice: This notice is required to be provided to the employees prior to the collection of their personal data/ sensitive personal data. It prescribes the information regarding the scope of personal data collection, purposes of processing, parties with whom the personal data will be shared, retention period etc.

2. Prevention of Sexual Harassment (POSH) at Workplace

The Sexual Harassment of Women (Prevention, Prohibition and Redressal) Act, 2013 mandates every company with 10 or more employees to constitute an Internal Committee to address sexual harassment-related issues and conduct training for staff members. Whilst the requirement to form an Internal Committee is mandatory for companies with 10 or more employees, it’s a good governance practise to form the committee as soon as the company starts its operations. At Corrida Legal, India's best startup law firm, we can assist your startup in putting in place the documentation and governance required as per POSH Act which includes the following:

(a) Formation of Internal committee (earlier known as ICC) and sensitisation to management/senior officials on the regulatory requirements;
(b) Preparation of POSH policy required as per law;
(c) Preparation of Internal Committee Terms of Reference, which will prescribe the functioning of the committee, its meetings and complaint-based obligations; &
(d) Training to both members of the Internal committee and company employees including part-time staff on abidance with the POSH Act.

3. Intellectual Property Solutions

At Corrida Legal, India’s top-ranked law firm, we have experience in assisting startups to procure as well as defend Trademarks, Copyright registrations and Patents.

4. Shops and Establishment Registration Certificate

This certificate needs to be applied for within 90 days from the commencement of work by a startup.

5. Employees’ State Insurance Corporation (ESIC) Registration

Startups that have 10 or more employees are required to be registered for ESIC under the Employees’ State Insurance Act, 1948. Having had the experience of working with multiple unicorns, we at Corrida Legal, India’s best startup law firm, can assist you with the ESIC registration process.

6. Employees’ Provident Fund (EPF) Registration

Startups that have 20 or more employees are required by law to register for the EPF scheme, while those with fewer than 20 employees can also register voluntarily.

7. Chartered Accountancy Solutions

We also provide complete chartered accountancy services including the filing of annual/monthly ROC based and TDS/GST/ITR returns. We can assist startups in the formation/ incorporation of companies (including Section 8 Company), limited liability partnerships (LLPs) and registration of foreign companies. Our startup legal compliance team at Corrida Legal, India's best law firm, consists of subject matter experts in cutting-edge sectors like agribusiness, fintech and e-commerce. Additionally, we advise global and domestic businesses on investing in Indian start-ups. Our dedication to supporting local and international businesses in their ventures makes us the preferred law firm in the start-up ecosystem. Our unwavering dedication to supporting businesses in their ventures has earned us the reputation of being the preferred law firm in the startup ecosystem. We take pride in our commitment to propelling your entrepreneurship journey toward success and growth in the ever-evolving world of start-ups and e-commerce.