19 August 2020
hi, I am going to start a IT company in India, which will provide IT Services to some Middle east as well as European countries. so what are the compliances which i need to follow- like
1-is there any role of FEMA in foreign receipts? 2- Nature of Bank account which i will open for my IT Firm? 3- Any Other Complainces i need to follow? 4- Any other approval from authorities?
19 August 2020
1 yes role of FEMA is there in foreign receipts. 2 Open current account. 3 Obtain PAN register under GST. 4 Obtain shops and establishments license from local authority.
CAclubindia
