Regarding finance cmp
Rajesh Solanki
(Querist) 10 April 2012
This query is : Resolved
hello
I want start a small finance company so need to know all the legal step that i have to follow. pls help me ..
Raj Kumar Makkad
(Expert) 10 April 2012
Commercial queries are not replied here. You should take the personal services of any local lawyer for this purpose as this requires specific long information and formalities.
A V Vishal
(Expert) 11 April 2012
What is the constitution of the company
Rajesh Solanki
(Querist) 11 April 2012
thanks a lot for ur reply sir Raj kumar, i will concern local lawyer but i dont know what type of lawyer should i contact.ther r diff type of lawyer like notary/vat/tax/criminal/ so would u pls tell me which lawyer will help me ...
malipeddi jaggarao
(Expert) 16 April 2012
You start a business with various combintions.
1) Proprietorship concern - No document is required. You can apply for licences like Municipality, Shops & Establishment Act, PAN Number, VAT Number with CST depending upon the nature of business. A chartered accountant can help you to obtain the necessary licences, PAN/VAT etc.
2) Partnership - You can others as partners for which you require a deed - This any advocate can help you. The partnership can a registered one and also need not be registered. Advocate will advise you on this matter by explaining benefits if registered. Registration is to be done with Registrar of Firms at District Headquarters. CA will help you for this purpose.
3) Private Limited Company: With minimum 2 Directors - It is to be registered with Registrar of Companies at concerned State Headquarters. This also CA will help you to get the registration.
What is the turnover you are anticipating in the business. That depends upon either to start a proprietorship concern or a partnership concern. Incoporation of Private Limited Company or Public Limited Company is a step forward iniially it will be expensive.
