A former salaried employee is looking to register as a freelance photographer and has several questions about the process. Key queries include whether photography is considered a business or profession, the benefits of sole proprietorship versus an LLP, registration procedures, and the necessity of trade licenses, GSTIN, and trademark registration. The advice provided suggests it's a profession, sole proprietorship is more beneficial, and while a trade license is needed, GSTIN is only required if turnover exceeds 20 lacs. Trademark registration is not mandatory.
08 April 2020
Hi all, A freelancer photographer earlier a salaried employee in an MNC wants to register himself as a photographer. Following are queries: 1) will it be a profession or business 2) will it be sole proprietorship or LLP ,benefits into consideration, which would be more beneficial. 3) where to register himself, which website 4)will he be requiring trade license 5) will he be requiring GSTIN. 6)REGISTERATION OF TRADEMARK , is it mandatory.
09 April 2020
1 It's professional. 2 Sole prop more beneficial. 3 No need for any registration. 4 Yes obtain it from local authorities. 5 Not required till annual turnover exceed 20 lacs per annum. 6 Not mandatory.