Hi
I am a freelancer. Bigger companies asks for company name as they would not prefer to give payment in
individual's name. as a result I loose good opportunities.
I decided to open an Current Bank Account in Company Name. (propritership). I thought it was a simple process, but bank says I need some proof of my business. Bank asked either I should have CST/VAT or Shop License (Gumasta License). Bank officer suggested that you can get on your home address
Local BMC officer said 'No', and showed no interest in answering my question, nor was ready to give me application form.
What do experts and law says? Can get license on my home address?, because I do not wish to have a shop on rent as its costly and of no use to me, because i am a individual and a freelancer. I live in a Co.Op Housing Society which is a 30 yr old building and its not a commercial area.
Please Advice.