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What is the process of starting a logistics company in India?

Submitted by LegalWizin on Tue, 12/17/2019 - 09:10

Logistics Firm is an organization that delivers and stores the goods of different business entities, within the state (in India) or may indulge in Import/Export.

The scope of Logistics industry is very vast and varies from person to person, it can be a proprietary concern (individual person) having one or more small trucks; or may be the big players (companies) having 100s of big trucks and trailers or one who is involve in the transportation via Water or Air.

How do I register my business in Kerala, India?

Submitted by LegalWizin on Thu, 12/12/2019 - 10:03

The business registration in Kerala is as simplest as in any other state. But before that one should go through some pre requisites which are as under.

  • Number of person involved in business
  • Type of organisation to be incorporated
  • Capital structure of the organisation
  • Business objectives

If you will answer all above question then you will get clarity regarding business registration. One can opt for any type registration from below mentioned.

Can we have multiple websites for multiple products or services under one private limited company in India?

Submitted by LegalWizin on Wed, 12/11/2019 - 08:22

Yes, you can have multiple websites for multiple products or services under one Private Limited Company. However, it is always advisable to have a single website for a company and to sell all good and services through that, as multiple website will create confusion to customers and managing different website will be definitely a very expensive and tedious job for you also.

Do investors entertain you to pitch if they know that you haven't quit your job yet?

Submitted by LegalWizin on Wed, 12/11/2019 - 07:49

Investors invest their funds after confirming all the necessary information related to the project as well as the persons involved for the project. Both investor and investee should make sure to follow all the clauses as mutually agreed between them. Hence, if it is agreed to leave job, then they can react accordingly, as at the end of the day they are expecting return for their provided investment.

How should I set up a LLC in India?

Submitted by LegalWizin on Wed, 12/11/2019 - 07:46

One can set up 2 types of organizations in India with limited liabilities which are Limited Liability Partnership and Private/Public Limited Company. Process of registration of both organizations, an LLP and Company is simplified with online applications. The registration is obtained from the Ministry of Corporate Affairs. Minimum 2 persons are required to incorporate such company/LLP.

Limited Liability Partnership means a form of partnership but with limited liability. Here the partners’ liability is to the extent of their contribution in the LLP.

What is the difference between a sole proprietor and a partnership firm?

Submitted by LegalWizin on Wed, 12/11/2019 - 07:37

An individual carrying out business activities is the sole proprietor and its business entity is said to be a Proprietorship Firm. A sole proprietor and its firm are not different from each other. The Firm has no legal existence and there is no specific Act to regulate this organization. However, a partnership should have at least two members to constitute a firm and carry out any business activity.

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