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Querist : Anonymous

Querist : Anonymous (Querist)

26 May 2014 I have to form a insurance broking firm please guide me about expense and procedure?

Guest

Guest (Expert)

26 May 2014 u want to ask about formation of broking firm or accounting of a broking firm dear

Querist : Anonymous

Querist : Anonymous (Querist)

26 May 2014 Sir i have to farm a broking firm

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Querist : Anonymous

Querist : Anonymous (Querist)

26 May 2014 I want to know the process and Expense for the formation of broking firm

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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26 May 2014 for that u need to contact sebi officers and get the license.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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27 May 2014 Dear Tushar, it is an insurance broking firm not a stock broking..

Dear querist, your can form the entity in any manner you wish - LLP, partnership firm, company, individual etc...after that you need to get broking license from IRDA.

Guest

Guest (Expert)

27 May 2014 Dear Nikhil Sir,

He also asked about expense and all... i didnt understand this... please explain if u understand this

Nikhil Kaushik

Nikhil Kaushik (Expert)
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27 May 2014 the expenses related to incorporation will depend on the structure he decides to use. For a incorporated entity, he should refer to IRDA guidelines at http://www.irda.gov.in/ADMINCMS/cms/frmGeneral_NoYearList.aspx?DF=RL&mid=9.2.3

the process is also covered therein.

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Querist : Anonymous

Querist : Anonymous (Querist)

27 May 2014 Thanks now i got my answer