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Formalities to start a garment business in home

dhiliban (Accounts Executive) (52 Points)

24 June 2014

Dear Sir,

I have planned to start a new garment business in home (Bulk purchase from manufacture and selling in retail).

So what are the main formalities required to start this business and what will i do?

Kindly answer me....

Thanks in Advance.

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7 Replies

harshita kushwah (articled trainee) (58 Points)
Replied 24 June 2014

mention the details of the type of business that you want to start... sole proprietorship or partnership or company ...formalities will depend on that..

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harshita kushwah (articled trainee) (58 Points)
Replied 24 June 2014

but i suggest that initially you should start as sole proprietor and later expand the business.... as this will require minimal formalities.... and lots of tax exemptions

dhiliban (Accounts Executive) (52 Points)
Replied 24 June 2014

Thank you sir, it will start as sole proprietor only but can you give details about both sole proprietor & partnership firm...I need your useful advice.

Tribhuvan Aditya Singh (Student as well as Self-employed) (3710 Points)
Replied 24 June 2014

you should start with a sole proprietorship and get a shop establishment certificate and also apply for vat. if you purchase from outside state then you also need to register for cst. and then you can start you business........ if you plan to start a partnership firm, the first you need to register your partnership deed and then follow the above mentioned steps.