How to establish a consultancy business as proprietorship (LAW)

This query is : Resolved

( Author )
06 September 2012

Dear Sir/Madam,
I am new member of this Club and feel proud to be a member of this Club. I want to start a Consultancy Business as a sole proprietorship with initial capital of Rs.1 Lakh. Kindly suggest me the complete procedure to start a consultancy services with all legal obligations.

CA AYUSH AGRAWAL

( Expert )
06 September 2012

Which Type of Consultancy U Want to Give.

Supremo Vinod Shah

( Author )
06 September 2012

I want to give consultancy for multi-services i.e. Education, Career, Insurance, Investment, Banking and finance etc..

CA AYUSH AGRAWAL

( Expert )
06 September 2012

Its Require Trade Licence.
If Services Exceed 9 Lacs in a Year, Then Register With Service Tax Department.
Nothing Else.

Just Start With This.

Supremo Vinod Shah

( Author )
06 September 2012

But I am facing a problem that, Banks are not agreed to open an Current Account in name of our Business... they are demanding registration certificate of consultancy business from any of Government Authority. Kindly suggest what should I do to open a bank account fro my business. However, my annual turnover (including profit) from this business is not higher than 1.5 Lakh.

CA AYUSH AGRAWAL

( Expert )
06 September 2012

Just Show Them Trade Licence Obtained from munciple Authority.

Your PAN Card.
Your Address Proff of Firm same as in Trade Licence.

They Will Open.

Supremo Vinod Shah

( Author )
06 September 2012

Can you advice me about where to get Trade Licence in Delhi and what are basic formalities and requirements for getting Trade License??

CA AYUSH AGRAWAL

( Expert )
06 September 2012

Contact With Your Munciplity For Trade Licence.

Or Agents, You Can Get There.

Supremo Vinod Shah

( Author )
06 September 2012

Thanks a lot for showing prompt response.