Urgent Queries
This query is : Resolved
Quick Summary
24 March 2022
Dear all
I have one question regarding to start new business for dealing in share, mf and other instruments.
One of my friends have fund exceed of Rs.1 crs. And he wants to start or take franchise for dealing in share and other security. He wants to know how to start new business and need clarification of doubts. His main motto to clear foll. Doubts are he want to reduce tax liability-
1) He will start business as a Proprietor or create new partnership firm
2) He will start business as new company incorporate
3) He will create Investor Institutional -legal entity (also want to know how to create investor institution and where to apply and what is charges for that??)
Please clarify to me at earliest. He want to start new business from April 2022 onwards
I have one question regarding to start new business for dealing in share, mf and other instruments.
One of my friends have fund exceed of Rs.1 crs. And he wants to start or take franchise for dealing in share and other security. He wants to know how to start new business and need clarification of doubts. His main motto to clear foll. Doubts are he want to reduce tax liability-
1) He will start business as a Proprietor or create new partnership firm
2) He will start business as new company incorporate
3) He will create Investor Institutional -legal entity (also want to know how to create investor institution and where to apply and what is charges for that??)
Please clarify to me at earliest. He want to start new business from April 2022 onwards
26 March 2022
1 Initially start the business as proprietor, no formalities required. After the business is expanded go for LLP and then company.
2 After business growth start company.
3 Do it when you are well versed in your business .
It's the last step.
2 After business growth start company.
3 Do it when you are well versed in your business .
It's the last step.
20 April 2022
Sir,
I want to know detail procedure for creating Institutional Investor company?? How much fund required for that and what is the time limit for completing the procedure for creating and start the business?
I want to know detail procedure for creating Institutional Investor company?? How much fund required for that and what is the time limit for completing the procedure for creating and start the business?
20 April 2022
See the link.
https://www.hbfdirect.com/how-to-start-your-own-investment-company/
https://www.hbfdirect.com/how-to-start-your-own-investment-company/
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
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- ITDS U/S.194T of Firm
- ADVANCE PAYMENT OF ADVOCATE
- NRI starting business in India
- Invertaded duty struture
- Non-Compliance documents have not been submitted by the contractors debited
- EXPORT COMMERCIAL INVOICE HSN CODE
- GST not cancelled by tenant
- 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
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
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
