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Hi, I am a software engineer and work alone. I am planning to open up and website which will be used to collect payments from accommodation hotels for their bookings. Key: X is the Customer who wants to book a room in Hotel Y. Y is the Hotel Y who gives rooms on rent for Customer X. Z is myself/my website which would be used to make payment. I would be the online aggregator who takes a commission from Hotel Y for every booking. Basically the Customer X goes to Hotel Y's website and is redirected to my Website Z for payments.

The most economical way is to incorporate your firm as a sole proprietor entity. Though sole Proprietorship does not hold any legal entity, the person is responsible for his own debt. You can have contract with Y as a proprietor and you can tell customer about terms and condition. Therefore, the existence of a sole proprietorship business can be estab...


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