I have got a project recently. I will be providing IT managerial services for an India company but my employer (Corp to Corp) is in UK. Iam supposed to work as a freelancer through my own company in India. I will get paid from UK on a monthly basis so Should I file for a GST kind of a service company or service tax based service company. What kind of Company I need to have. How do I register online for a company and how do I pay taxes. Any sort of direction and web links will help.
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What kind of company I need to have
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Summary: You do not need to register a "company" to begin; you can invoice as a sole proprietor. GST registration is mandatory if you exceed ₹20 lakh in annual turnover, but you may choose to register voluntarily to benefit from "zero-rated" export status via an LUT. Ensure you maintain proper invoices and Foreign Inward Remittance Certificates (FIRC) for all payments from your UK client.
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