Legal Question in Business Law in India
Multilevel marketing
Is it is compulsory in India to register a multilevel marketing business.Can any one start his multilevel marketing business without registration.If registration is required then can the business be registered as a firm???? or it must have to registered as a Company???? Please reply.
Asked on 4/05/09, 2:51 pm
4 Answers from Attorneys
Homi Maratha
N.N. Maratha & Co.-Advocates
Re: Multilevel marketing
Yes the registration is compulsary.
Answered on 4/06/09, 5:26 am
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
Re: Multilevel marketing
Already Replied
Answered on 4/07/09, 9:47 am
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Re: Multilevel marketing
The MLM business may be regulated in India by RBI. You may want to consult a local tax lawyer for appropriate guidance.
Answered on 4/05/09, 8:39 pm
Pranav Desai
PD Legal & Associates
Re: Multilevel marketing
The registration is you choice. It would depend on the kind of entity you would like to form.
Answered on 4/10/09, 1:08 pm
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