Dear All,
One of my known is starting a Construction company in Ghaziabad on Individual or Partnership basis. Please suggest what all documents/formalities/ registrations they need at the time of start up.
Which firm should be better - Individual or partnership
Thanks
Priyanka
to start with he/she can do so as an individual. This gives him/her the freedom of operations and lesser tax compliances.
registrations shall include, PAN, service tax, vat, UP-shops and establishment, TAN (if the turnover exceed Rs 1 cr).
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