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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 5 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 5 years ago
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