For a business owner, starting a new business in an unknown territory is undoubtedly a huge challenge. One of the most important aspect of starting a business is to get appraised of the local laws so that one does not get into a problem later on. They also need to be well versed with company registration processes, available options for registering a company, various corporate laws, joint venture possibilities, licensing issues, tax implications, accounting procedures, staff obligations, the immigration processes and work permit procedures, etc.