Navigating the Challenges of Managing a House of Companies

Additionally, neglecting to apply for all necessary licenses, like GST registration, can cause complications later, especially when dealing with taxation and compliance issues. Entrepreneurs should also be cautious about selecting a business name that is already in use or similar to existing trademarks, which could lead to legal disputes. Lastly, not maintaining proper records post-registration can cause issues with taxes and other legal matters. Ensuring compliance with all legal and tax requirements after registration is vital for the smooth functioning of the business.

Business Registration India