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You can incorporate any of the following types of companies based on your business and number of founders
Sole Proprietorship Firm (Single founder, unlimited liability) One Person Company (Single founder, limited liabi...
Wazzeer Professional Network
ProfessionalWant to start a trading business of industrial chemical trading, need help.
I need help as to what type of entity should be registered, what all permission, certificates, nocs, licences and other Statutory compliances are to be fulfilled.
-
Wazzeer Professional Network
ProfessionalYou can incorporate any of the following types of companies based on your business and number of founders
Sole Proprietorship Firm (Single founder, unlimited liability) One Person Company (Single founder, limited liability) General Partnership firm (Multiple founders, unlimited liability) Limited Liability Partnership firm (Multiple founders, limited liability) Private limited company (Multiple founders, limited liability, Easy equity funding compliance) Since it is an Industrial chemical sale, you will have to get trade license from local municipal Govt. authorities. GST is required if your turnover crosses 20 Lac in a FY. Also, you will have to take IEC (Import Export Code) Registration if you are either importing or exporting your goods.
over 3 years ago
View answer
Want to start a trading business of industrial chemical trading, need help.
I need help as to what type of entity should be registered, what all permission, certificates, nocs, licences and other Statutory compliances are to be fulfilled.
-
Wazzeer Professional Network
ProfessionalYou can incorporate any of the following types of companies based on your business and number of founders
Sole Proprietorship Firm (Single founder, unlimited liability) One Person Company (Single founder, limited liability) General Partnership firm (Multiple founders, unlimited liability) Limited Liability Partnership firm (Multiple founders, limited liability) Private limited company (Multiple founders, limited liability, Easy equity funding compliance) Since it is an Industrial chemical sale, you will have to get trade license from local municipal Govt. authorities. GST is required if your turnover crosses 20 Lac in a FY. Also, you will have to take IEC (Import Export Code) Registration if you are either importing or exporting your goods.
over 3 years ago
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