
LLP vs Pvt Ltd – Which Business Structure is Right for You?
Introduction Choosing the right business structure is crucial for long-term success. Two of the most popular structures in India are the Limited Liability Partnership (LLP)
Every business should have key legal documents and agreements in place before starting operations to avoid potential legal disputes. At Submitreturn.COM, our team of expert lawyers has put together a comprehensive kit of essential documents for every business. This kit includes ready-to-use templates for onboarding employees and independent consultants, protecting sensitive information, website policies, and much more. Specifically designed to address common legal challenges faced by small businesses, this downloadable kit provides peace of mind. Plus, we offer customization services at a nominal extra cost to meet your specific needs.
An Employment Agreement outlines the fundamental terms and conditions of employment, including the employee’s duties, roles and responsibilities, remuneration, job description, termination procedures, and other key terms. It legally formalizes the relationship between the employee and employer, ensuring that both parties’ interests are protected throughout the employment period.
Since employees often have access to sensitive business information, it’s crucial to have a Non-Disclosure Agreement (NDA) in place. This agreement helps protect the employer’s confidential or proprietary information, including trade secrets, financial data, technical know-how, and other critical details, ensuring that such information remains secure and is not disclosed to unauthorized parties.
An offer letter is issued to an employee once the employer has selected them for a specific position and is ready to extend a formal job offer. It serves as a written confirmation of the employee’s appointment, outlining key details such as the job title, compensation, start date, and other relevant terms and conditions of employment.
An experience and relieving letter is a formal document issued to an employee upon their departure from the organization. It confirms that their resignation has been accepted and that they have been officially relieved from their duties and responsibilities. This letter typically also outlines the duration of employment and may include a brief reference to the employee’s performance or contributions during their tenure.
An Employee Code of Conduct is a document that outlines the essential policies and guidelines for employees within an organization. It includes key aspects such as leave policies, promotion and appraisal procedures, and other important rules and regulations that govern employee behavior and expectations. This document helps ensure consistency, transparency, and a positive work environment by setting clear standards for conduct and performance.
A Service Level Agreement (SLA) or Vendor’s Agreement is a contract between a service provider and an organization, outlining the specific services the provider will deliver. The agreement typically includes key clauses such as delivery timelines, responsibilities of both parties, payment terms, confidentiality provisions, and conditions for termination, among other important terms. This ensures clear expectations and accountability between the service provider and the organization.
A retainer, consultant, or independent contractor is an individual hired on a fixed fee basis rather than a salary. Since they work differently from employees, the agreement that governs their relationship with the organization is structured accordingly. Typically, retainers, consultants, and independent contractors work from their own premises, charge on an hourly basis, and are subject to specific terms and conditions that differ from those applicable to employees. A Retainer/Consultant/Independent Contractor Agreement outlines these terms, specifying the scope of work, payment structure, and other relevant conditions for engaging such individuals.
A Non-Disclosure Agreement (NDA) is a contract between two or more parties in which they agree not to disclose any confidential information covered by the agreement. For businesses, especially startups, this is crucial as they often have trade secrets, technical data, and other sensitive information that, if shared with competitors or unauthorized third parties, could harm the business. Therefore, having a well-drafted NDA in place helps protect these valuable assets and ensures that all parties involved understand their obligation to maintain confidentiality.
A Privacy Policy is a critical legal document required by law for websites, as stipulated by the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011. This policy outlines the procedures followed by the website in collecting, storing, and managing users’ data. It informs users about how their personal information is handled, ensuring transparency and compliance with data protection regulations.
Website Terms of Use is a mandatory legal requirement under the Information Technology (Intermediaries Guidelines) Rules, 2011, and must be published on your website. This policy serves as a legally binding agreement where users must click and accept the terms before accessing and using the services provided by the website.
Please note, the document in the kit does not include refund, cancellation, and return policies, as these vary significantly depending on the specific case. However, we offer customized drafting services for these policies at discounted rates.
You can buy and pay for the kit from our website itself. Once we receive the payment, we will share the kit on registered email ID.
Unfortunately, as this is a downloadable content, we are unable to process refund for such orders.
This is a pre-curated kit at subsidized rate. However, if you need any customization, our team will be able to help you with that at discounted rates. All kit buyers get 15% discount on our customized drafting services.
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Introduction Choosing the right business structure is crucial for long-term success. Two of the most popular structures in India are the Limited Liability Partnership (LLP)

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