Who can do hire purchase business in india

others 952 views 3 replies

hi everyone

i want to know that, how can we start hire purchase business in inida,

can proprietorship firm can do hire purchase business 

what are reg. and license required to do so ????

thanks in advance

Replies (3)

Hire purchasing is a business which can be done by anyone I guess. Technically, anyone can operate any business once they declare their nature of business to mca or companies registrar 

1. Anyone can do hire purchase business
2. proprietorship firm can also do hire purchase business
3. No license and no registration.

But the entire strength lies in drafting a very detailed hire purchase agreement. Also, accounting is a tricky but manageable part given that GST aspect, TCS aspect needs to be complied as well.

Please check your inbox for further information.

sir, I didn't receive any mail

kindly share your mail to contact you.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register