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Can a Startup Operate Without Registering the Business? 🚀⚖️ Got a brilliant startup idea but worried about registration hassles ? 🤔 Can you legally run a business without registering it? Let’s clear the air! 🚀 🔍 Is Business Registration Mandatory in India? #StartupLaw #BusinessCompliance #Entrepreneurship ✅ No, registration is not mandatory for small businesses or freelancers! 🏆 ✅ You can start as a sole proprietor using your personal PAN & bank account . 🏦 ✅ GST registration is only required if turnover exceeds ₹40 lakh (₹20 lakh for services) . 📌 When Does Business Registration Become Necessary? #StartupIndia #LegalStartup 🔹 If you want to raise funding or get loans from investors/banks. 💰 🔹 If you need a business bank account – Banks prefer registered entities. 🏦 🔹 If you are dealing with corporate clients – Many require a legal entity. 📜 ⚠️ Risks of Running an Unregistered Business #BusinessRisks #LegalHelp 🚫 Limited liability protectio...
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