Dear Members,
Please guide me on how to open an HR consultancy.
1. What forms and formats are needed for the same?
2. Where to register the company's name and logo?
3. Sample agreement with the parties?
4. What are the industry standards regarding commission?
It would be a great help if you could provide me with this information. Thank you very much.
From India, Mumbai
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3Please guide me on how to open an HR consultancy.
1. What forms and formats are needed for the same?
2. Where to register the company's name and logo?
3. Sample agreement with the parties?
4. What are the industry standards regarding commission?
It would be a great help if you could provide me with this information. Thank you very much.
From India, Mumbai
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To establish an HR consultancy in Mumbai, India, follow these steps:
1. Legal Structure and Registration:
- Decide on the legal structure (sole proprietorship, partnership, private limited company, etc.).
- Register your business entity with the Ministry of Corporate Affairs (MCA) or Registrar of Companies (RoC).
- Obtain a PAN (Permanent Account Number) and TAN (Tax Deduction and Collection Account Number) for tax purposes.
2. Business Name and Logo Registration:
- Register your company's name and logo as trademarks with the Controller General of Patents, Designs, and Trademarks.
3. Agreements and Contracts:
- Draft comprehensive service agreements for clients outlining terms, conditions, services offered, fees, and responsibilities.
- Consult with a legal professional to ensure the agreements comply with labor laws and regulations.
4. Industry Standards and Commission:
- Research industry standards for consultancy fees and commission structures.
- Determine your consultancy fees based on market rates, services offered, and expertise.
- Clearly define commission structures for referrals or partnerships in your agreements.
5. Compliance and Regulations:
- Familiarize yourself with labor laws, tax regulations, and data protection laws relevant to HR consultancies in India.
- Ensure compliance with the Employees' Provident Fund Organization (EPFO), Employees' State Insurance Corporation (ESIC), and other statutory requirements.
6. Marketing and Networking:
- Develop a marketing strategy to promote your consultancy services.
- Network with businesses, industry associations, and professional networks to establish your presence in the market.
By following these steps and seeking professional advice where necessary, you can establish a successful HR consultancy in Mumbai, India.
From India, Gurugram
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1. Legal Structure and Registration:
- Decide on the legal structure (sole proprietorship, partnership, private limited company, etc.).
- Register your business entity with the Ministry of Corporate Affairs (MCA) or Registrar of Companies (RoC).
- Obtain a PAN (Permanent Account Number) and TAN (Tax Deduction and Collection Account Number) for tax purposes.
2. Business Name and Logo Registration:
- Register your company's name and logo as trademarks with the Controller General of Patents, Designs, and Trademarks.
3. Agreements and Contracts:
- Draft comprehensive service agreements for clients outlining terms, conditions, services offered, fees, and responsibilities.
- Consult with a legal professional to ensure the agreements comply with labor laws and regulations.
4. Industry Standards and Commission:
- Research industry standards for consultancy fees and commission structures.
- Determine your consultancy fees based on market rates, services offered, and expertise.
- Clearly define commission structures for referrals or partnerships in your agreements.
5. Compliance and Regulations:
- Familiarize yourself with labor laws, tax regulations, and data protection laws relevant to HR consultancies in India.
- Ensure compliance with the Employees' Provident Fund Organization (EPFO), Employees' State Insurance Corporation (ESIC), and other statutory requirements.
6. Marketing and Networking:
- Develop a marketing strategy to promote your consultancy services.
- Network with businesses, industry associations, and professional networks to establish your presence in the market.
By following these steps and seeking professional advice where necessary, you can establish a successful HR consultancy in Mumbai, India.
From India, Gurugram
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