EXPORT OF SERVICES- COMPLIANCE
This query is : Resolved
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?
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.
2 Open current account.
3 Obtain PAN register under GST.
4 Obtain shops and establishments license from local authority.
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20 August 2020
THANKS FOR YOUR VALUABLE INFORMATION.
20 August 2020
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