Consultancy services to foreign company

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 October 2014 One of my client is provinding consultancy services from India to a foreign company in USA. He wants to form a company so please advice whether it would be good to form a company or he can provide services through his proprietorship firm. Also please refer the laws / compliances which he has to follow if he forms a company or provide services through proprietorship firm. He is receiving the amount in US dollar in Indian bank account. Thanks for your time in advance.

CA CHIRAG DOSHI

CA CHIRAG DOSHI (Expert)
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06 November 2014 if he wants to expand the business and wants to use public money then he can form a company

compliance to be followed will be ROC compliance for Pvt. ltd co.
and for public ltd co. both roc as well as sebi compliance

CA Chirag Doshi & Co.
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