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With 10 systems

2007-03-16 04:19:25 · 2 answers · asked by Anonymous in Business & Finance Investing

With 10 systems.What legalities do I need to go through to run this business?What about License etc?

2007-03-16 04:22:39 · update #1

2 answers

Rs. 5,00,000/- should be enough.
You need to register as a private limitted Company with the Govt. of Karnataka. And run like a business with filing of Income and Expense returns and pay income tax if running profitable.

2007-03-16 04:38:05 · answer #1 · answered by Anuj P1952 3 · 0 0

you will require 3 lakh for 10 systems
and 2 lakh for furniture
50000 for broad band
and 50 000 for other expenses

2007-03-16 11:51:10 · answer #2 · answered by surez 3 · 0 0

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