Urgent Queries
This query is : Resolved
24 March 2022
Dear all
I have one question regarding to start new business for dealing in share, mf and other instruments.
One of my friends have fund exceed of Rs.1 crs. And he wants to start or take franchise for dealing in share and other security. He wants to know how to start new business and need clarification of doubts. His main motto to clear foll. Doubts are he want to reduce tax liability-
1) He will start business as a Proprietor or create new partnership firm
2) He will start business as new company incorporate
3) He will create Investor Institutional -legal entity (also want to know how to create investor institution and where to apply and what is charges for that??)
Please clarify to me at earliest. He want to start new business from April 2022 onwards
I have one question regarding to start new business for dealing in share, mf and other instruments.
One of my friends have fund exceed of Rs.1 crs. And he wants to start or take franchise for dealing in share and other security. He wants to know how to start new business and need clarification of doubts. His main motto to clear foll. Doubts are he want to reduce tax liability-
1) He will start business as a Proprietor or create new partnership firm
2) He will start business as new company incorporate
3) He will create Investor Institutional -legal entity (also want to know how to create investor institution and where to apply and what is charges for that??)
Please clarify to me at earliest. He want to start new business from April 2022 onwards
26 March 2022
1 Initially start the business as proprietor, no formalities required. After the business is expanded go for LLP and then company.
2 After business growth start company.
3 Do it when you are well versed in your business .
It's the last step.
2 After business growth start company.
3 Do it when you are well versed in your business .
It's the last step.
20 April 2022
Sir,
I want to know detail procedure for creating Institutional Investor company?? How much fund required for that and what is the time limit for completing the procedure for creating and start the business?
I want to know detail procedure for creating Institutional Investor company?? How much fund required for that and what is the time limit for completing the procedure for creating and start the business?
20 April 2022
See the link.
https://www.hbfdirect.com/how-to-start-your-own-investment-company/
https://www.hbfdirect.com/how-to-start-your-own-investment-company/
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
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Confusion around Form 26QB fields
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- RCM INVOICING FROM NOV-2024
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
Trending Online Classes
CAclubindia
