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Re: need urgent help [message #170671 is a reply to message #170634] Sun, 14 November 2010 17:48 Go to previous messageGo to previous message
Twayne is currently offline  Twayne
Messages: 135
Registered: September 2010
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In news:ibjbp0$ock$3(at)news(dot)eternal-september(dot)org,
Jerry Stuckle <jstucklex(at)attglobal(dot)net> typed:
> On 11/12/2010 2:14 AM, Vanesa Singh 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
>>
>
> Contact an attorney familiar with the laws in your country.
>
> And $8,000 US is peanuts - not a "huge amount".

Not peanuts to some people, stuckie; You need to lean a little about other
cultures.
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