MLM Growth Business

Querist :
Anonymous
(Querist) 21 November 2009
This query is : Resolved
Dear All
Myself Biplab Kr. Mahanta, a Logistic Manager in a private firm in Guwahati. I want to start a MLM Growth Business with some of my friends for which I need some guidelines as I have not experience for the same.
What are the legal aspects where I have to work so that I don’t have to face any legal issue.
1. Whether to register as a Firm or as a Company?
2. Need a PAN No./TAN no./Service Tax No etc?
3. From which Govt authorities or department I have to approve my growth/income plans?
5. Any expert advice or material which provide the basics for networking channel how it works step by step
regards
Biplab Mahanta
Ph.: 09957565491
Raj Kumar Makkad
(Expert) 21 November 2009
1. It is better to register initially as in the shape of a firm and later on convert it into compny.
2. Yes.
3. Finance Plan
5 (it should have been 4). it shall be better if you visit business cites similar as desired by you.
Additional suggestion: dont enter in a business about which do not know even ABC.