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Re: need urgent help [message #170670 is a reply to message #170632] Sun, 14 November 2010 17:47 Go to previous messageGo to previous message
Twayne is currently offline  Twayne
Messages: 135
Registered: September 2010
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Senior Member
In news:pjh-AF16C8(dot)00075312112010(at)news(dot)individual(dot)net,
Percival John Hackworth <pjh(at)mps(dot)com> typed:
> In article
> <132c17aa-20f3-485c-be40-c7ecb4c5f76a(at)u11g2000prn(dot)googlegroups(dot)com>,
> Vanesa Singh <singhvanesa(at)gmail(dot)com> 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
>
> Gee. Sucks to be you.

Not when it comes from you, percie.
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