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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.


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