Navigating Legal Formalities for Opening a Small Ecommerce Site: Shop Act, Bank Accounts, and Format - CiteHR

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Hi Friends, Need your guidance on some legal formalities. We (3 partners) are opening a small e-commerce site, which will operate locally in a small area. I wanted to know how I should go about opening the bank account and forming the shop act/company. I have the following questions:

1. Should we just do the shop act and start operating the business?
2. Is LLP formation required for a small setup?
3. What are the steps and websites that can help in knowing which documents are required for doing the shop act?

Regards, Suresh

From India, Pune
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Will only shop act work? Also we do not have any office place, we will operate from our homes.
From India, Pune
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