Incorporation of a Private Company..
This query is : Resolved
14 January 2010
Sir,
I want to know whether it is beneficial to for a private company or a partnership firm when only 2 individuals are starting a business? and how long it will take if Firm is formed or when company is formed? I mean number of days. and what is procedure to form a private limited company? Can a partnership firm be converted into a private company later on? what will b its procrdure?? Plz help sir. Its urgent...
I want to know whether it is beneficial to for a private company or a partnership firm when only 2 individuals are starting a business? and how long it will take if Firm is formed or when company is formed? I mean number of days. and what is procedure to form a private limited company? Can a partnership firm be converted into a private company later on? what will b its procrdure?? Plz help sir. Its urgent...
14 January 2010
Better to go for partner ship first as there are lot of formalities to complete while incorporating company that adds to your cost. As you grow you can go for LLP :)
17 January 2010
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GST input credit on commercial property
- GSTR-9C filing
- GST ITC as per notification 12/2023- central tax
- Urd purchase entry in tally prime
- Advances to related party
- Capital Gains Tax on Inherited Mutual Fund
- Royalty payments to the Mining Department for procurement of murum - GST input
- Gift to nri relatives residing in usa
- Form 144 TDS Return Validation Error – Mandatory Fields
- LLP audit and disclosure
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
