Whether internet based business requires registration under Companies Act?
What are the legal requirements to start an online business? Whether registration for internet based business required under Companies Act?
Business can be carried on as a proprietary concern, as a firm or as a company incorporated under Companies Act. Incorporation under companies Act is required to create a corporate body to carry on business. Even an individual can carry on business using internet. If you decide to carry on business as a proprietary concern, no registration need be made under Companies Act.
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