How do you start a Outdoor Advertising company?

Can i start a advertising company without being pvt ltd & whats the min no of employees in a pvt ltd company?

  • Is it necessary to register as a Pvt ltd in India to start a advertisement company. i am the sole proprietor and what must be the minimum number of employees for a pvt ltd company must have and also is there some other kind of for profit non public company?

  • Answer:

    Under the Indian Companied Act a company, whether Public or Private has to register itself with the concerned RoC (Registrar of Companied). If you want to start it without being a pvt ltd, you have 2 options: 1. Register your company as Public Company with minimum 7 members excluding the no. of employees. OR 2. Start your business as a sole properitorship or partnership firm. and there is no minimum number of employees imposed by any legislation to start a business, even a company........... you can start even with 1 employee, if you can.............

subhashish s at Yahoo! Answers Visit the source

Was this solution helpful to you?

Other answers

No, it is not necessary to register your company as a Pvt Ltd. First start your company as a "Sole Proprietorship" one and after a period of time you can register and make it a Pvt Ltd. Also, do remember Pvt Ltd is not a joke there are so many issues like Board of Members; you need to maintain certain records and many more. So, as a startup firm it is better to go with a proprietorship one.

rajesh

Related Q & A:

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.