Labour Law Compliances for Start-ups

Let’s understand labour law compliances for start-ups from a renowned corporate dispute lawyer in Gurgaon . Starting a start-up is not easy. Entrepreneurs experience difficulty in arranging seed capital to make optimized use of factors of production. Although factors of production differ in each organization or start-up, labour is one constant factor that exists in most organizations. In this blog, you will find significant legal information regarding labour law compliances. Which Companies are Eligible for Startup Scheme? It is necessary to understand which type of companies will fall under the start-up framework. The types of companies eligible for the startup framework are as below: ● Companies as a Pvt. Ltd or LLP and /or a registered firm. ● A company that has a turnover less than INR 100 Crore in any of the preceding financial years. ● Companies with 10 years from the date of incorporation. ● an entity that is...