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Re: need urgent help [message #170634 is a reply to message #170631]

Fri, 12 November 2010 12:26

Jerry Stuckle
Messages: 2598
Registered: September 2010

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Senior Member

On 11/12/2010 2:14 AM, Vanesa Singh wrote:
> Dear Friends
>
> I need some suggestion and help. In the last 15-20 Days due to our
> marketing we have received web-development and website projects worth
> more than 8000 USD.
>
> Now the problem is that we are not incorporated and we are working as
> freelancer. We here refer to me, nitin and abhishek.
>
> Now the problem is 8000 USD is a huge amount and I am worried to
> withdraw this amount to my bank from paypal and i wish to incorporate
> my own web-development company which will also work in web-
> development, SEO, software development and some in-house projects of
> our own.
>
> I need suggestions from all the group member like how should i start-
> i consult a CA and he told me that incorporating a company will cost
> me around 20,000 INR and apart from that its yearly expenses will be
> around 10,000 INR per year.
>
> Also I feel that today i have got good projects but what about later-
> what if in future we dont get such huge projects, so what should i do.
>
> Second option for me is to open a proprietorship but what would be
> beneficial for us- a company or proprietorship.
>
> What is the difference between the same.
>
> I am really stuck up.
>
> Please suggest us something so that we get out of this trouble.
>
> regards
>
> Vanesa
>

Contact an attorney familiar with the laws in your country.

And $8,000 US is peanuts - not a "huge amount".

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Jerry Stuckle
JDS Computer Training Corp.
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[Message index]

		need urgent help By: Vanesa Singh on Fri, 12 November 2010 07:14
		Re: need urgent help By: Percival John Hackwor on Fri, 12 November 2010 08:07
		Re: need urgent help By: Twayne on Sun, 14 November 2010 17:47
		Re: need urgent help By: Jerry Stuckle on Fri, 12 November 2010 12:26
		Re: need urgent help By: Twayne on Sun, 14 November 2010 17:48
		Re: need urgent help By: Jerry Stuckle on Sun, 14 November 2010 18:32
		Re: need urgent help By: Twayne on Sun, 14 November 2010 22:15
		Re: need urgent help By: Jerry Stuckle on Sun, 14 November 2010 22:30
		Re: need urgent help By: Erwin Moller on Fri, 12 November 2010 13:23
		Re: need urgent help By: Erwin Moller on Fri, 12 November 2010 14:04

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