Legal and financial environment in e-commerce

Business license for online firms

Online businesses in India must obtain relevant licenses and registration from federal and state government authorities before they establish their online presence. Some of the important licenses include:

  • Tax registration;
  • Sole proprietorship registration;
  • Shops and Establishment registration;
  • Registration under social security legislation; and
  • Partnership registration, if applicable.

Different e-commerce services require different licenses and registration in India. Therefore, it is advisable for online businesses to seek professional support or outsource their legal obligations to a third party.

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Author: Team onlinestudy.guru

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