Ask an expert! Legal, accounting and compliance advice from qualified professionals.

Share Details


Your Question has been submitted.

The Counsel team is processing your question and connecting to the best suited professional from the community to have it answered. We’ll get back with an answer shortly.

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...

View answer

Looking to hire a professional from our handpicked community?

Explore our services, submit your request and let us do the rest for you.

Get started