Wednesday 19 December 2012

Legal Compliances For Launching An E-Commerce Website In India

Many e-commerce players frequently ask about the legal requirements of undertaking e-commerce in India. The main legal issue pertaining to establishing en e-commerce platform in India is to ascertain the legal requirements to start an e-commerce website in India.

There is a misconception among the national and international e-commerce players that establishing an e-commerce business in India does not require any legal compliances. The truth is that establishing of e-commerce business in India without complying with legal requirements is a risky proposition.

The legal formalities required for starting e-commerce business in India are now well established. Perry4Law, the exclusive techno legal ICT law firm of India and the premier e-commerce law firm of India, has already provided the legal framework in this regard. Now all national and international e-commerce players can know about e-commerce laws and regulations of India.

National and international e-commerce players must appreciate that diverse legal issues of e-commerce in India apply to different types of e-commerce. For example, electronic trading of medical drugs in India needs more severe e-commerce and legal compliances as compared to other e-commerce ventures.

Similarly, digital communication channels for drugs and healthcare products in India are scrutinised more assertively than other e-commerce business activities. In fact, regulatory and legislative measures to check online pharmacies trading in banned drugs in India are already in pipeline. Online sale and purchase of prescribed drugs and medicines in India is another category that requires due compliance with various applicable laws of India.

Legal issues of online shopping in India must be duly complied with various e-commerce entrepreneurs. In fact, a probe against Walmart has been ordered in India for market access lobbying. Indian e-commerce, FDI regulations and cyber due diligence are closely related and cannot be ignored anymore.

It is in the own interest of e-commerce players to arrange business structuring of e-commerce in India in a techno legal manner. Otherwise these e-commerce players may find themselves in legal battles.