eCommerce has been growing aggressively in India and, looks like, is here to stay. More and more money is being pumped in making this the future of retail. There are multiple aspects that needs to be analysed properly before you can think of an eCommerce venture. The taxations and legal requirements are fairly complex especially because you deal with customers across India and is bound to follow various laws & taxes related to different states.
Having worked with some very good names in this space, the eLagaan team takes a look at how to structure your eCommerce business, what are the various laws and taxes you should be aware of, the delivery & payments logistics, the complexities in accounting, compliances & management processes, way for structuring FDI investments etc.