LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Ram (IT)     10 May 2017

Opening a play school (nursery-ukg)

Hello,

A couple of us are planning to start a play school (Nursery-UKG) in Hyderabad, Telangana. We have a few questions and wanted to see if we could get some guidance:

1. Do we need to register the school? Any other legal procedures?

2. Since we are more than 2, is it better to form a partnership firm or are there any other options wihch are better?

3. Do we need to get approvals from any local authorities?

Thanks for the help and guidance

Ram



Learning

 2 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     10 May 2017

Forming the entity: You can either run the playschool as a franchise of a larger entity or start your own institution.

i. If you are starting your own institution, it can be done either as a partnership or as a company. It is usually easier to form a partnership, and cheaper and quick to register. Forming a company can take up to 4 weeks, and costs around Rs. 35000.

ii. If you wish to enter into a franchise agreement, you should enter a clause stating that for a certain period of time, the agreement shall not be terminated by the parties unless either party violates the agreement. This will give you some time to establish the playschool in an increasingly crowded market. Be sure to draft the agreement with care.

Vakil Searchd. Running it in a residential area: Most playschools tend to be run from residential areas. If that is the case with you, please make sure that your rental agreement permits it. Also make sure that if you live in an apartment, the bye-laws of the apartment association permit you to run a playschool. This is only to avoid problems in the future. Legally, there seems to be no problem with running a playschool in residential premises.

Ram (IT)     10 May 2017

Thank you for your kind response sir. We have found multiple contradicting answers online, about if we have to register a play school or not. Could you please help us understand if it is legally required to register a play school?

Thanks

Ram


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register