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Log in free →Sole proprietorship vs company — the licenses that actually start a business
1:26"I want to start a company" — but do you need a company? My CA friend walks through the real ladder: MSME license, GST, current account, and when a sole proprietorship is all the structure you need.
Transcript
If you want to start a company then how much do you want to start it? It depends on whether you want to start a company or a private company and you want to start a company from a proprietor or you want to start a company from a private company. What kind of a company do you want to start a company from? But if you want to start a company from a proprietor then how much do you want to start a company from? Basically I want to start a company from a proprietor. If you want to start a company from a proprietor then how much do you want to start a company from a proprietor? What does proprietor mean? It means that basically a person is working in the name of a self and he doesn't even have to do anything in that company. No, you don't have to take a license in that company. This is your license and my name is Uday Mathar. What license? This is basically your MSN license. Okay, okay. And the second thing you have to take is soap and destabilization. What is soap and destabilization? It is the kind of registration that happens to you. It is the type of registration that happens. It is the type of registration that happens to the local authority. So basically your current account opens up on the basis of these two documents. If GST is applicable to you then you are starting a company from the beginning. If you are starting, then you should be able to do your own work.