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@Ranjana, Hello, Yes you should register a company and bill your overseas clients in the name of the company. Also since this amounts to export of services and hence service tax is not applicable in case of export of services. As regards income tax, you need to pay Income tax in India because you are resident in india and therefore, all the incomes where you earn in India or abroad are liable to tax in India. I can help you with company Incorporation, here is my blog link for company Incorporation. companyregistratione.blogspot.in/2013/11/requirementsfor-incorporation-of.html
Also I have posted blog on Income tax Implications for freelancers. Please contact me at ca.malkeetpadam@gmail.com. Regards, CA Malkeet Sing
ca.malkeetpadam@gmail.com || CA || Business Consultant
- I like to know if we need to register for Shop Act License?
- Is service tax applicable and required to get service tax number?
Pls advice. Thanks in advance.
Hi Guyz, Sorry for not responding many queries as I was out of India. Many formalities have been changed for company incorporation after new companies Act. Being Chartered Accountant, though I incorporated many companies in India in many states, now I advise my clients to register LLP. It means Limited Liability Partnership. It is best and cost effective legal structure as per my personal opinion. If anyone has doubt, please write here, i will reply here or mail me on my below mentioned email id. Thanks. CA Darshak Shah
ca.darshak.ca@gmail.com || CA || Business Consultant
@Paul, Hi Paul, Please execute partnership deed. And then aply for PAN card. Thanks
ca.darshak.ca@gmail.com || CA || Business Consultant
ca.malkeetpadam@gmail.com || CA || Business Consultant
1. What is the criteria to select Company name and Logo?
2. What are rules and regulations to open an Event management company?
3. How many people should require to start this kind of company?
4. Is it necessary to to have an office?
5. What will be the basic investment to start a company?
Can you please share a person contact number so that i can call and clear my doubts or call me on my mobile +91-9980999900