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
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Who can do hire purchase business in india
Replies (3)
Quick Summary
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.
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
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