Opening investment business
This query is : Resolved
05 October 2016
RESPECTED SIR,
ONE OF MY FRIEND WANT TO START TO A BUSINESS IN WHICH HE WILL POOL MONEY FROM VARIOUS PEOPLE AND RELATIVES AND INVEST IT IN REAL ESTATE OR THE LIKE AND DISTRIBUTE THE PROFITS ACCORDINGLY.
MY QUERIES ARE AS FOLLOWS:
1. WHAT IS THE PROCEDURE TO START IT.
2. WHAT ARE THE RULES & REGULATIONS TO FOLLOW
3. IS IT NECESSARY TO INCORPORATE THIS TYPE OF BUSINESS AS A COMPANY ONLY? BY JUST ENTERING INTO A PARTNERSHIP AGREEMENT ONLY ONE CANT DO IT? AND IF YES THEN WHICH WILL BE BEST PARTNERSHIP FIRM OR A COMPANY.
PLEASE GUIDE ME AND THANKS IN ADVANCE.
ONE OF MY FRIEND WANT TO START TO A BUSINESS IN WHICH HE WILL POOL MONEY FROM VARIOUS PEOPLE AND RELATIVES AND INVEST IT IN REAL ESTATE OR THE LIKE AND DISTRIBUTE THE PROFITS ACCORDINGLY.
MY QUERIES ARE AS FOLLOWS:
1. WHAT IS THE PROCEDURE TO START IT.
2. WHAT ARE THE RULES & REGULATIONS TO FOLLOW
3. IS IT NECESSARY TO INCORPORATE THIS TYPE OF BUSINESS AS A COMPANY ONLY? BY JUST ENTERING INTO A PARTNERSHIP AGREEMENT ONLY ONE CANT DO IT? AND IF YES THEN WHICH WILL BE BEST PARTNERSHIP FIRM OR A COMPANY.
PLEASE GUIDE ME AND THANKS IN ADVANCE.
09 January 2022
Partnership will be cost effective.
Otherwise even proprietorship with loans from relative/s can be an option.
Otherwise even proprietorship with loans from relative/s can be an option.
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
- TDS 194-T applicability
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- Putting a heading on received mail
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Regarding Applicability of Tax Audit u/s 44AB
- Consolidated financials
- Reprocessing of rectification order AY 2025-26
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
