Necessary Requirement regarding E-commerce startup
I have decided to set up an e-commerce business in collaboration with various start-up designers and a third party delivery service. I would like to ask: 1. What kind of legal steps should I take into consideration? 2. What clauses should a legal contract with a designer include so that there is no scope of copyright infringement or intellectual property theft?
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To start an e-commerce business in India, the necessary legal steps include:
- Business registration as a Private Limited Company, Limited Liability Partnership or One Person Company.
- Opening Bank account,
- GST Registration,
- Drafting a Non-Disclosure Agreement with the designer
- Drafting an MOU which makes them liable in case of any copyright violation or trademark infringements.
- Having a payment gateway to ensure safe purchases for the customers.
- Obtaining a Digital Signature Certificate
The other legal formalities to start an online business in India depends upon the kind of business registration you choose. For instance, in case of a company, each director needs a DIN and a DSC, in case of an LLP, the partners need a DPIN, etc.
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Tags: E-Commerce Websites Startup Registration