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.
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