A global survey has highlighted that online registration services are being used by entrepreneurs to register their business as an essential service during the lockdown period. It is noted that many entrepreneurs are launching their essential services by applying for the registration process through online services.

Since the entire world is currently under the lockdown period, many new businesses are completing their company registration processes online with ease. Due to the rising awareness about business registration, more and more entrepreneurs are applying online to register themselves as essential service providers.

Registering a business allows a businessman to limit his personal liability, minimize his tax liability, and it also helps in the management of businesses with ease. Although the spread of the coronavirus pandemic has created a drastic condition across the world, it has also created a demand for essential services to meet the needs of the people.

Only the operations of essential services are allowed by different governments and hence it has become difficult for new businesses to register themselves in the offline mode. Hence, many online business registration companies are being used by entrepreneurs in order to register their business as an essential service provider.

During the lockdown period, many youngsters are working hard to come up with solutions for different problems existing in society. Many entrepreneurs are now working on launching their new businesses related to essential services. Production of sanitizers, masks, and other essential goods comes under this. Even governments have issued guidelines regarding carrying out business registration online.