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richwebzservices   19 December 2014

Setting up sole proprietorship business

Greetings Members,

My name is Aayush, and I have a formal query for all the experienced members out here. I am interested in starting up a Website & Software Development Business, as a Sole Proprietorship. I would consider hiring a few employees to help me out either, but the business shall be Work From Home, as of now.

I would be making a website for my business, and then collecting customers online as well as from advertising offline through pamphlets and ads in newspapers.

I require guidance on the following questions:-

  1. What are the taxes applicable on such a business structure?
  2. How to register for those tax certificates?
  3. Whether any registration is required for Sole Proprietorship? If yes, Where and How?
  4. How to get a Bank Account in the name of the Firm, "RichWebz Services"?

I would be glad that, anyone viewing this post shall put in a few words of advice for me. URL's. to helpful pages, Contact Numbers etc shall also be great help.

My Business shall be established in New Delhi, India.

Sincerely,

Aayush Dutta



Learning

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