05 June 2015
Legal Query
I have formed Newly Incorporated Private Company for software related services, I will be providing my services on basis of project fees as it is done.
Point is that there are 5 of my clients who need to hire our Company as their IT departments in return of providing me 15% shareholding in each of their firm
This shareholding is I am ready to accept.
Now what will be Compliance Related Procedure
and taxes applicable or if put in single sentence-What will happen next? is this a viable option? I'm 100% on board with it.
If not possible can we do businees as a Joint Venture or Associate what will be next possible choice
CAclubindia
