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From ₹1 Lakh to ₹1 Crore+ Turnover | Module 2: Business Setup

Video • 7:57 • Leegal YouTube Channel

Overview

This module covers choosing the right legal structure — proprietorship, partnership, LLP or private limited company — and the registrations needed, such as GST and Udyam/MSME, before starting scrap-trading operations in earnest.

Topics Covered

  • Sole proprietorship vs partnership vs LLP vs Pvt Ltd for trading
  • GST registration threshold and necessity for auction participants
  • Opening a current bank account for the business
  • Udyam/MSME registration and its linked benefits
  • Choosing a business name and basic trade licence
Who this is for: Aspiring traders who haven't yet formalised their business structure.

Need help with this?

Leegal's advisory desk can help you act on what this video covers — registration, documentation, filing or bidding support.

Company Registration Call +91 95721 91163