Based on data from Startup Ranking in 2019, the world’s startup research institute, which released information on the number of startups in the world, occupies a position in the top 5 countries with the most startups, around 2,080 startups recorded. There is a significant increase compared to the previous year which was only 992 startups. Given the high growth of startups, this also creates a large number of failures from the development of the startup business. This is of course a concern for entrepreneurs who are pioneering startups. One of the factors in the failure of a startup business in developing its business is the lack of knowledge of legal aspects experienced by startup business entrepreneurs.In setting up a startup business, several things need to be considered if your business does not want to be exposed to legal risks:

Do not have legality documents
In establishing a startup, there are several documents that need to be owned, including a Trade Business License, Taxpayer Identification Number, Business Identification Number, Company Registration Certificate, Company Domicile Certificate. Even though by having the legality of a business entity, your business will be considered more profitable and when investors enter, it doesn’t take much longer … Read More
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