As the startup community is burgeoning, opening a coworking space in Delhi seems to be a lucrative option. And why it shouldn’t be?

With excellent public transport connectivity, vibrant work culture, and nearby amenities, Delhi is one of the most sought-after locations for corporates looking for office space.

Starting co-working space seems to be a cakewalk- choosing the right location, a popular real estate, contemporary furnishing, and you’re done, right? Well, think for a while and concentrate on the legal steps that you must know. Let’s discuss them in detail.

1. Registration: Laws will require you to get an establishment license for your workspace. If you want to keep your workspace operational beyond the work hours, you need an agreement from the local authorities. Make sure you keep it safe in a locker.
2. Create a Set of Policies: After registration, make sure you create a positive work environment for your clients. When choosing coworking space in Delhi, the policies you should include are security, liability, noise, and sexual harassment. Moreover, you should outline what would happen if a client fails to make the payment. When you enforce policies from the beginning, your daily business operations would run smoothly.
3. Don’t Overlook Your Permits: Make sure you find out whether you need any local license. Also, you might have to submit requirements related to alarm systems, emergency exits, fire protection, and accessibility. You must get a respective permit, in case, you’re building co-working space from scratch.
4. Insured Your Business: Getting an insurance policy is incredibly important to your business. Make sure you should emphasize in the contract or policies that clients need their own insurance for personal injury and property damage.
5. Develop Your Business Contract: Consider Creating an agreement that enlists all the renewal and termination terms, including payment methods, responsibilities of the parties, insurance policy, confidentiality, etc.

Conclusion

Starting a coworking space in Delhi isn’t a cinch and requires effort and knowledge, concerning all legal aspects.By taking care of all the legal aspects as discussed, your business adheres to all the respective laws, making a safe working environment for your clients.

So, what do you think about it? Please leave a comment below!