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Re: need urgent help [message #170632 is a reply to message #170631] Fri, 12 November 2010 08:07 Go to previous messageGo to previous message
Percival John Hackwor is currently offline  Percival John Hackwor
Messages: 1
Registered: November 2010
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Junior Member
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.

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