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Why Is A Startup Registration Consultant Required?
If you own a startup then one of the important parts is the business incorporation/registration process. You will have to first decide the type of business structure before registering it. You can choose a business structure from a partnership, sole proprietorship, LLP, or a Pvt. Ltd. Company depending on the type of your business.
When you register your company you get limited liability, tax benefits, a legal existence for the company, and regulatory compliances. Company incorporation consultants can help you select the right business structure and help you register your company. Not registering your company can lead to legal issues and unnecessary delays. Depending on the tax implications and your business goals the consultant can help you decide the best business structure for your startup.
The consultants are well-versed in the regulations, legal procedures, and documentation required for registering a company. The consultants can ensure that your company follows all the laws and rules and thus avoid any legal issues in the future. The consultants can handle all the registration-related tasks and this will give you time to focus on your company.
Benefits of hiring a business registration consultant
Hiring a registration consultant will bring many benefits to your startup. They can help you understand and follow the registration process and this will help you save time and effort. They can offer you a wealth of knowledge and experience about the laws and regulations.
The consultant will also be aware of the changes in the laws and they can help you ensure that your company is always compliant. They can help to manage your documentation and taxes and keep you organised from the beginning.
If you try to handle the registration process yourself it can get complex and time-consuming. If you are not aware of the business laws and bureaucracy then it is best to hire a consultant. A business consultant will have the expertise to help you navigate through the process easily. They can ensure that all the paperwork is done accurately and submitted on time. It will also help to eliminate the risk of error.
How to choose the right business registration consultant?
When you choose a business registration consultant you should consider their knowledge of the local and international laws, experience and reputation. You should try to find consultants who have handled businesses like yours before as this will help them understand your unique needs. You should make sure that they communicate clearly and are willing to offer services depending on your requirements. You can verify their credentials and find the testimonials of past clients.
Many startups have benefited from hiring business registration services over the years. Hiring a consultant and getting your business registered can ensure that your business is protected legally and promotes growth.
For startups, the main focus is on the products and the marketing strategies. But they should not overlook the registration process. This is where you should hire a business registration consultant to help you register your company. You should protect your inventions, trademarks and intellectual property assets to maintain competitive advantage.
Right from deciding the business structure to the registration of the company consultants can help you. They can give you advice based on your business needs and help you select the best business structure. If you decide on an LLP then the consultant will help you to register it and get the benefits. The consultant will help you navigate the process of LLP registration in India. You will be able to get your LLP registered in a few days and avoid any legal issues.
When you register your LLP it will get a legal existence. The documents that are required for registration are identification proof, address proof, name of the LLP, operational scope and others. However, this may differ as per the different business structures and local regulations. Failure to register your LLP can lead to penalties and legal issues. It may also affect your ability to conduct your business.
Conclusion
You may have built your startup which may have been challenging enough but you should not forget to select the right business structure and register your company. By hiring the right business registration consultants you can ensure you get a good start and become successful.
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Bayer sues Johnson & Johnson over prostate cancer drug advertisements
Legal dispute begins as Bayer claims rival marketing is based on flawed data
NEW YORK: Bayer has filed a federal lawsuit against Johnson & Johnson (J&J) in New York, alleging that the American pharmaceutical company has used false and misleading advertisements to promote its prostate cancer treatment, Erleada. The dispute centres on claims that Erleada is significantly more effective than Bayer’s competing drug, Nubeqa.
The legal action follows a J&J marketing campaign that cited a 51 per cent reduction in the risk of death for patients using Erleada compared to those on Nubeqa. Bayer contends that these figures are based on a study with severe methodological errors rather than a controlled clinical trial.
Bayer’s legal team argues that J&J’s real-world analysis is fundamentally flawed. According to the complaint, J&J claimed to have 24 months of patient data supporting its conclusions, even though many patients included in the study had reportedly been on the medication for only a few months, raising concerns about the reliability of long-term survival comparisons.
The lawsuit also highlights what Bayer describes as a critical approval gap. For most of the period analysed in J&J’s study, Nubeqa had not yet been approved for the specific indication being evaluated, which Bayer argues makes a direct clinical comparison inappropriate and potentially misleading.
Additionally, Bayer contends that the study suffered from significant sample imbalance. The analysis reportedly included five times as many Erleada patients as Nubeqa patients, a disparity that Bayer says introduced statistical bias and undermined the validity of the findings.
Bayer is pursuing the case under the Lanham Act, the U.S. law governing false advertising and unfair competition. The company is seeking an immediate halt to J&J’s current marketing campaign and is asking the court to require corrective statements to physicians to address what it characterises as inaccurate claims.
Furthermore, Bayer is seeking monetary damages, arguing that the alleged misleading advertisements have resulted in lost revenue and reputational harm to Nubeqa.
Johnson & Johnson has responded by stating that it stands by the integrity of its data and the rigour of its analysis. The case will now proceed through the U.S. District Court for the Southern District of New York.
