Dear Members,
I have a query
One of our clients is in the business of providing Software services to Various Hospitals In India.
His business is to purchase software from a foreign Company and to sell it in Various hospitals in India and to provide annual maintenance service for this software.
Currently, he is doing this business as a Pvt ltd company. But now he wants to close the company and to open a proprietorship for the same business.
My Query is can he do the business of medical software as a proprietorship, or is it necessary to it do as a Pvt Ltd Company?
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Does Pvt Ltd Company is a Mandatory requirement to do Medical Software Business?
Replies (2)
Quick Summary
Yes, he can do the same through proprietorship.
It is not mandatory to have Pvt. company unless and until his/her foreign business partner wants to deal only with Pvt. co
It is not mandatory to have Pvt. company unless and until his/her foreign business partner wants to deal only with Pvt. co
Ok, Thanks a Lot.
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