Startup India - Policy Query
Why cant a Proprietary Startup company qualify for the Startup India Policy . more
Viewed by 167
Private limited is the best option. not too much of paper work, neither too much of investments. here the company is a legal entity, minimum requirement is two directors, you and your wife / brother / father / mother / son / daughter anyone trustworthy, who isn't a minor, can be a director. get MSME / NSIC / ISO certification done for better credentials. you can get cash credit limit from any nationalised bank under mudra scheme. more
Apr 11
Hello sir, Then wot is the best for a startup founder , Where is founder enjoys maximum benefit and power . with Minimum investment? . Pvt Limited ? or LLP ? more
Apr 11
:-) Hi Rakesh, a proprietorship is not a legal individual identity. even there's no PAN card issued separately for a proprietorship firm, the individual PAN card of the proprietor is considered the PAN card for the company. Thus for all practical purposes, the fund made available for a proprietorship firm is actually similar to a personal loan to the owner. that's why it's not included in any of the funding schemes, be it VC or angel or seed fund or even startup India for that matter. more
Apr 11
