You can't work both the places full time
Starting company while employed with another company
Can I start a company while employed full-time with another company?
Asked 3 years ago in Labour
First answer received in 10 minutes.
Lawyers are available now to answer your questions.
11 Answers
You cannot during course of employment carry on any other business
you cannot start any company
This shall totally depend upon the terms and conditions of your employment contract. If your contract of employment forbids for you for being a part of any other employment than you cannot work in two positions.
You can start your company as long as your employment contract does not forbade you to do so. Employees in companies such as TCS, Infosys have explicit agreements in the employment contracts that says that you will not do any other work with any other business during the course of employment.
Doing a job and a business together is definitely not prudent. It's neither here nor there! Your employer remunerates you for total attention and involvement in your given work at the organization. It will not be ethical to conceal your 'other' work from your employer
entrepreneurs who want to launch their own startup while working with another employer need to check their internal employment guidelines. “Some companies do have zero tolerance, which means that an employee cannot take directorship or invest in another company or work on another project.
Yes, why not but with twist to not in your name .
Yes, without knowledge of present employer.
No you cannot start your own business while working full time on a job but you can start business with name of your family member but dont show yourself as employee of that business.
No
you cannot start while working with another company.
It all depends upon the agreement you have with the employer.
A side business can be run by you as you work in a private company. But the contract agreement between you and your employer is relevant. You shouldn't start a business which is similar to the one in which you are employed. Check the agreement.
- There is no provision in Labour Laws , that an employee working in a private employee cannot do separate business , like a government employee cannot enter into dual employment, i.e. cannot do financial, gain from another source, unless he is authorised in writing by the concerned department.
- Hence, you will have to follow the restriction & rules, which you have signed at the time of joining your position in the said company.
- If there is no restriction for the same, or your offer letter/appointment letter does not say anything about the same, then you can legally start a company .
