Best New Business Formation Lawyers in India

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Davies & Associates, LLC

Davies & Associates, LLC

Mumbai, India

Founded in 2020
100 people in their team
Bengali
Hindi
English
Kannada
Urdu
Gujarati
Davies & Associates ("D&A") has grown to become the largest global law firm specializing in US, UK and Italian business and investment immigration together with Citizenship and Residency by Investment (together, “CBI”).  Our lawyers are regarded as the leaders in the US E2...
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JSG Legal

JSG Legal

Kolkata, India

Founded in 2016
English
JSG Legal, established in 2016, is a prominent full-service law firm in India, serving both domestic and international clients. Founded by Advocate Joydev Sengupta, a legal professional with over 24 years of experience in corporate and related laws, the firm has grown into a leading practice...
Bihar Tax  Consultant

Bihar Tax Consultant

Patna, India

Founded in 2013
10 people in their team
English
Hindi
Bihar Tax Consultant is among the best Tax Consultant in Patna, Bihar providing expert guidance on Direct and Indirect taxation, Private/LLP Company registration and its annual compliance management, Intellectual Property Registration and management including trademark application ,registration ,...
Thapar and Associates law firm

Thapar and Associates law firm

Mumbai, India

Founded in 1971
50 people in their team
Hindi
English
AboutWe are THAPAR & ASSOCIATES LAW FIRM since 1971 an internationally recognized law firm with more than 40 years of service to the trade community. Many of our professionals have extensive prior government experience. We have super - specialized lawyer in all the fields. We seeks quality over...
SRA LAW CHAMBERS

SRA LAW CHAMBERS

Kolkata, India

Founded in 2017
English
Established in 2017 in Salt Lake City, West Bengal, SRA LAW CHAMBERS has rapidly evolved into a full-service, multi-disciplinary law firm headquartered in Kolkata. The firm is led by two partners and supported by a dedicated team of retainers, associates, and legal assistants. Specializing in both...
Chambers Of George Rebello

Chambers Of George Rebello

Mumbai, India

Founded in 1991
English
Established over three decades ago by the late Mr. George A. Rebello, the Chambers of George Rebello has evolved from its initial focus on shipping and maritime law into a comprehensive commercial law practice. Operating from offices in Mumbai's historic Fort district and Bengaluru, the firm offers...
begur and partners

begur and partners

Mumbai, India

Founded in 1996
English
Begur & Partners, formerly known as ARA LAW, is a dynamic first-generation law firm established in 1996, with offices in Mumbai and Bengaluru. The firm specializes in Private Equity & Venture Capital, Mergers & Acquisitions, Banking & Finance, Technology, Media & Telecommunications, and Real...
INDIAN LEGAL

INDIAN LEGAL

Mumbai, India

Founded in 2000
50 people in their team
Hindi
English
Indian Legal Helps is a Mumbai based law firm initiated by Tripathi & Associates.The ILH helps Foreign Nationals, NRI & OCI Card holders to travel safely in India.Visiting tourists, businessmen, investors, students, transit-travelers or those arriving for medical treatment can conveniently...
D. P. Ahuja & Co

D. P. Ahuja & Co

Kolkata, India

English
A professional law firm offering expert legal services.
Corp Legex Advocates & Solicitors

Corp Legex Advocates & Solicitors

15 minutes Free Consultation
Noida, India

Founded in 2022
25 people in their team
English
Corp Legex Advocate & Solicitors is a premier full-service law firm backed by partners having multiple decades of combined experience. The expertise of firm include services including Merger & Amalgamation, Insolvency & Restructuring, Corporate Law Advisory, Oppression &...
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About New Business Formation Law in India:

Starting a new business in India can be both exciting and challenging. There are various legal aspects to consider when forming a new business, including company registration, taxation, intellectual property rights, and compliance with local regulations. It is important to understand the legal requirements and obligations before launching a new business in India.

Why You May Need a Lawyer:

There are several situations where you may require legal assistance for New Business Formation in India, such as choosing the right business structure, drafting legal documents like partnership agreements or shareholder agreements, understanding tax laws, intellectual property protection, and compliance with industry-specific regulations. A lawyer can provide valuable guidance and ensure that your business is set up in accordance with Indian laws.

Local Laws Overview:

Key aspects of local laws that are particularly relevant to New Business Formation in India include:

  • Company registration: There are different types of business entities in India, such as sole proprietorship, partnership firm, limited liability partnership, and private or public limited company. Each has its own set of legal requirements and benefits.
  • Taxation: Understanding and complying with tax laws is crucial for any business. This includes laws related to income tax, GST, and other indirect taxes.
  • Intellectual property rights: Protecting your intellectual property, such as trademarks, copyrights, and patents, is important for the success of your business.
  • Regulatory compliance: Depending on the industry in which your business operates, there may be specific regulations that you need to follow, such as those related to food safety, healthcare, or environmental protection.

Frequently Asked Questions:

1. What is the best business structure for a new business in India?

The best business structure depends on various factors such as the nature of the business, number of owners, investment requirements, liability concerns, and tax implications. Consulting with a lawyer can help you choose the right structure.

2. How do I register my business in India?

Business registration in India is done through the Ministry of Corporate Affairs. The process involves obtaining a Digital Signature Certificate, Director Identification Number, and filing the necessary documents with the Registrar of Companies.

3. What are the tax obligations for a new business in India?

New businesses in India are subject to various taxes, including income tax, GST, and other indirect taxes. It is important to understand and comply with the tax laws to avoid any legal issues.

4. How can I protect my intellectual property in India?

You can protect your intellectual property in India by registering trademarks, copyrights, and patents. Consulting with a lawyer who specializes in intellectual property law can help you navigate the registration process.

5. What are the key regulatory compliance requirements for new businesses in India?

Regulatory compliance requirements vary depending on the industry in which your business operates. It is important to understand and comply with industry-specific regulations related to licensing, permits, safety standards, and environmental protection.

6. Do I need a lawyer to start a new business in India?

While it is not mandatory to hire a lawyer to start a new business in India, seeking legal advice can help ensure that your business is set up correctly and in compliance with Indian laws. A lawyer can provide guidance on various legal aspects of New Business Formation.

7. How much does it cost to hire a lawyer for New Business Formation in India?

The cost of hiring a lawyer for New Business Formation in India can vary depending on the complexity of the legal issues involved, the lawyer's experience, and the services required. It is advisable to discuss the fees upfront with the lawyer before engaging their services.

8. Can a foreign national start a business in India?

Yes, foreign nationals can start a business in India by following the procedures outlined by the Foreign Exchange Management Act (FEMA) and the Reserve Bank of India (RBI). It is important to comply with the foreign investment regulations and obtain any necessary approvals.

9. How long does it take to register a business in India?

The time taken to register a business in India can vary depending on the type of business entity chosen, the completeness of the documents submitted, and the processing time of the authorities. In general, it can take anywhere from a few weeks to a few months to complete the registration process.

10. What are the consequences of not complying with New Business Formation laws in India?

Failure to comply with New Business Formation laws in India can result in legal consequences such as fines, penalties, legal disputes, and even the closure of the business. It is important to understand and follow the legal requirements to avoid any adverse consequences.

Additional Resources:

For more information on New Business Formation in India, you can refer to the Ministry of Corporate Affairs website, which provides detailed information on company registration procedures and requirements. You can also seek guidance from industry associations, legal forums, and professional organizations that specialize in business law.

Next Steps:

If you need legal assistance with New Business Formation in India, it is advisable to consult with a qualified lawyer who specializes in corporate law or business formation. A lawyer can help guide you through the legal requirements, draft necessary documents, and ensure that your business is set up correctly. Be sure to discuss your specific needs and concerns with the lawyer to get personalized advice and support for your new business venture in India.

Lawzana helps you find the best lawyers and law firms in India through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including New Business Formation, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in India—quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.