I am interested in setting up a Mobile Phone Retail Shop, but I want to know that whether I need to have an existing business in order to set up my first Mobile Phone Retail Shop or not ? ( I want to set up a Multi brand Mobile Phone Retail Shop ).
SOUMYA CHAUDHURI (Others) (31 Points)
26 December 2012
I am interested in setting up a Mobile Phone Retail Shop, but I want to know that whether I need to have an existing business in order to set up my first Mobile Phone Retail Shop or not ? ( I want to set up a Multi brand Mobile Phone Retail Shop ).
Devendra
(Chartered Accountant)
(4765 Points)
Replied 26 December 2012
It is not mandatory to have an existing business to start a Retail Mobile Business.
You can start your business without any worries.
Apply for a Shop Act License, VAT No. (when turnover exceeds Rs. 5 Lakhs
Regards,
Devendra Kulkarni
CMA RAVI
(ASSISTANT MANGER - FINANCE)
(478 Points)
Replied 26 December 2012
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