Legal Question in Business Law in India

Hello,

I have started a business with my friend with 60% investemnt mine and 40% his, actually business idea is mine and he has put all the amount. we want to register the business as LLP, business is online classifieds. and also i have given a business idea to my friend so and also i need to register it as pvt comp with 20% of mine. If i have shares under any registered business will i get any tax benifit? r as a person ill have tax benefits? because of the above business is running good now. expected profit for 1st year may be 13 lakhs. please suggest me a good idea.


Asked on 4/02/14, 9:41 am

2 Answers from Attorneys
Fca Prashant Chavan Expert Edge LLP

02.04.2014

Dear Sir / Madam,

You may contact a local Chartered Accountant to guide you through the formation of a private Limited Company or a Limited Liability Partnership and related Taxation matters.

Regards,

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Answered on 4/02/14, 10:05 am
mohd mahboob

Dear Sir

you have to contact company secretary for formation of any types of company.it is very -well know about mca rules and regulation, ca is only audit purposes.thank you

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Answered on 4/03/14, 2:54 am


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