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renuka kadge (CA Final Student) (148 Points)

26 December 2013

Hello Members,

I want to know about the legal procedures of starting a business of sole proprietary consultancy firm.

could you plz help me out.

Looking forward for your replies

Thank you in advance............

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2 Replies

CA SURENDRA KUMAR RAKHECHA (Practising CA at Surat) (26258 Points)
Replied 26 December 2013

First of all please convey which type of consultancy?

If it is alike legal or professional consultancy which requires approval of the authority say ICAI or Bar Association; then firstly you have to take name approval from Institute/Association.

If you wish to start other types of consultancy say Accountancy, etc. than by registering yourself with Professional Tax Authority (if applicable in your state); you can start your consultancy firm.