I observed that running a business in India involves a significant cost of compliance, from ROC registration to GST filing, and this is one of the biggest culprits preventing very early‑stage ideas from taking off, alongside the lack of seed capital.
Compliance costs are a significant barrier for early‑stage startups in India.
The main obstacles I identified are compliance costs and the unavailability of seed capital.
- Compliance costs include ROC registration, GST filing, and other statutory filings.
I posted this on 2020‑02‑27 and tagged it with #compliance #entrepreneurship #roc #startupindia #easeofdoingbusiness #ai #india #earlystage #vc #angelinvesting.
- Seed capital scarcity limits founders’ ability to absorb these costs.
- I am seeking community input on how many agree and why.