Share your needs with us, get contacted by law firms.
Free. Takes 2 min.
Mohali, India Attorneys in related practice areas.
Mohali, also known as Sahibzada Ajit Singh Nagar, is a city in Punjab, India. Known for its thriving IT industry and startups, it's also home to a diverse range of businesses that must comply with Indian business laws. Business Law in Mohali encompasses regulations regarding finance, contracts, corporations, securities, and more. These laws are vital for maintaining ethical practices, protecting interests, and ensuring fair competition within the business sector.
Whether you're starting a new venture, managing an established business, or resolving a dispute, legal advice can be valuable. Lawyers can assist with drafting contracts and ensuring compliance with labour laws and environmental ordinances. They can also represent you during legal disputes or provide advice regarding investments, mergers, and acquisitions. Keeping an experienced business attorney on retainer could save you time, stress, and potentially expensive legal troubles down the line.
Local laws in Mohali for businesses are governed by both national Indian law and specific state regulations in Punjab. Key aspects include the Indian Companies Act, The Punjab Shops and Commercial Establishments Act, The Limited Liability Partnership Act, along with other regulations related to taxation, labor law, environmental concerns, and intellectual property rights. As a business owner, one must also be aware of the regulations set by the GST Council in regard to the Indian Goods and Services Tax (GST).
Information Technology, Real Estate, and Manufacturing are popular sectors in Mohali. Recently, it's also seen a growth in startups across different sectors.
You'll first need to obtain a Director Identification Number (DIN) and then register your business under the Companies Act. Following this, a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) must be obtained. You'll also need to register for GST if your turnover is more than 20 lakh INR.
It's advised to consult with a legal professional. They can review the circumstances, guide you through the legal process, and represent your interest in the matter.
Business' intellectual property, including trademarks, copyrights and patents, can be protected with registration under the respective Indian Acts. A lawyer can help you understand these processes more clearly.
Yes, all businesses, regardless of foreign or domestic ownership, must comply with local and national business laws when operating in Mohali, India.
The official websites of the Government of Punjab, Ministry of Corporate Affairs, and Indian Department of Industrial Policy & Promotion are great resources for comprehensive information on business laws in Mohali. Local business associations and Chambers of Commerce in Mohali can also provide support and guidance.
If you need to consult a lawyer for business law advice, start by doing some research. Consider their experience, specializations, and reviews. Once you've chosen a few potential options, initiate a consultation to discuss your needs and evaluate if they're the right fit for your business.
