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| Name | How to start Ecommerce business legally | Sole Proprietorship Online selling |
| Video Uploader | Video From Legal Suvidha |
| Upload Date | This Video Uploaded At 19-02-2024 18:37:00 |
| Video Discription | #ecommerce #gst #onlinebusiness #startup #soleproprietorship Starting an Online E-commerce Business: A Comprehensive Guide In this insightful video, Priyanka and Mayank a business advisor from Legal Suvidha delve into the essential steps for launching an online handicraft business. The conversation begins with Priyanka sharing her plans to start a new venture in the handicraft industry. The advisor, with expertise in business setup and compliance, guides Priyanka through the initial steps necessary for establishing her business online. The dialogue covers several critical aspects of starting an online business, including: - The importance of opening a current account and the registrations required to do so, highlighting the need for MSME (Micro, Small & Medium Enterprises) registration, also known as Udyam registration, and GST (Goods and Services Tax) registration. - The benefits of GST registration, even for businesses with zero turnover, to sell on e-commerce platforms like Amazon, emphasizing that listing products online requires a GST number from day one. - An overview of MSME registration, its benefits, and why it's recommended over immediately forming a private limited company for new entrepreneurs. - The suggestion to operate as a proprietorship, possibly under a trade name, and the option to protect the brand through trademark registration. - The crucial role of compliance, including GST returns and income tax filings, with specific advice for handling taxes and managing returns even with zero turnover. - Professional support options available for new entrepreneurs, including consultation with chartered accountants, tax professionals, and services like legal suvidha.com, which offers comprehensive assistance ranging from website development to compliance and growth support services. This video is a must-watch for aspiring entrepreneurs looking to understand the legal, financial, and operational considerations of starting an online handicraft business. Priyanka’s questions reflect common concerns among new business owners, making the advisor's responses valuable for anyone in the initial stages of planning and launching their online venture. Keywords: Online Business, Handicraft Business, Starting a Business, MSME Registration, GST Registration, Business Compliance, E-commerce, Entrepreneurship, Legal Support for Businesses, Trademark Registration. |
| Category | People & Blogs |
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