Do I need to start a company to do software development business in India?
Abhilash K asked:
I am planning to start software development business in India but I don’t want to register my business as a company. I won’t be having a office set up to do business. The business will be done at home. To do such a business do I need to register my business as a company with the government?
I am planning to start software development business in India but I don’t want to register my business as a company. I won’t be having a office set up to do business. The business will be done at home. To do such a business do I need to register my business as a company with the government?
Ask someone in India.
Yes, to pay tax at the least.
I don’t think you need a business license to work from home. Especially you’re not going to hire people. You can just work as a freelancer. If you get projects and jobs on the internet doing such work and get paid via paypal, I don’t think you need to have a business. All you need is internet, desk, computer, and you. Plus projects. And for that, you should advertise your skills on freelance websites. Have you tried craigslist.com? I’ve seen many people posting their ads on benefito.com in all sorts of programming languages.
I dont think you need to worry about licesense to start a company specially in India, but going forward its always important to do it in a professional way. India rising demands its citizens to dream big so plan slowly and atleast go for a local coportation license which is cheap and get you a current account. Once you show with some payments flowing on your account you can always go for a loan to expand. No fun in doing software development if you cant think of expansion and making it to the stock market in india.
Think longer term if not now may be for brighter tommorow - go for a registered firm.