Counsel
Ask an expert!
Legal, accounting and compliance advice from qualified professionals.
I want to start a drop shipping/online seller business. Do I need to form a company, if so what is the best option?
You can either form One Person Company (OPC) or a Private Limited Company. The subscribed capital would be Rs. 1 L. The time taken is about 2-3 weeks and accounting should be maintained in the Accrual system.
Wazzeerians have incorporated a large number of startups. We understand and speak the same language. 'Get a Wazzeer' to kick start the process....
Wazzeer Professional Network
ProfessionalI want to start a drop shipping/online seller business. Do I need to form a company, if so what is the best option?
What would be the initial capital required in each case? How much time to setup? What is routine accounting required in each case?
-
Wazzeer Professional Network
ProfessionalYou can either form One Person Company (OPC) or a Private Limited Company. The subscribed capital would be Rs. 1 L. The time taken is about 2-3 weeks and accounting should be maintained in the Accrual system. Wazzeerians have incorporated a large number of startups. We understand and speak the same language. 'Get a Wazzeer' to kick start the process.over 4 years ago
View answer
I want to start a drop shipping/online seller business. Do I need to form a company, if so what is the best option?
What would be the initial capital required in each case? How much time to setup? What is routine accounting required in each case?
-
Wazzeer Professional Network
ProfessionalYou can either form One Person Company (OPC) or a Private Limited Company. The subscribed capital would be Rs. 1 L. The time taken is about 2-3 weeks and accounting should be maintained in the Accrual system. Wazzeerians have incorporated a large number of startups. We understand and speak the same language. 'Get a Wazzeer' to kick start the process.over 4 years ago
Looking to hire a professional from our handpicked community?
Explore our services, submit your request and let us do the rest for you.