Every start-up in India faces the challenge of complying with various regulations. Conforming to a specification, policy, standard, or law, is what compliance entails in general. All businesses face some level of risk when entering a new market or starting their own venture. Compliance reduces the possibility of fines, sanctions, labour strikes, lawsuits, or company closures. Compliance with legal requirements and optional certifications increases customer trust and increases your competitive advantage. Employee retention improves when employees know they are working in a secure, professional, and equitable environment. To ensure compliance, verify that all policies and procedures are documented, that your staff is trained, that you are up to date on current regulations, that regular audits are scheduled, and that annual meetings are held, filing all the mandatory forms. Since, it gets difficult to maintain all these tasks on your own, you may need assistance of a legal professional for the same.