form a limited company if forex trading is allowed by forming part of corporation
Forex trading, binary trading
Respected Sir, as per FEMA Act forex trading is allowed only by becoming part of corporation otherwise it is illegal. Now what type of company can i open to report my gains, can i start a partnership firm or limited liability partnership or in what form.
Asked 10 years ago in Business Law
Ask a question and receive multiple answers in one hour.
Lawyers are available now to answer your questions.
4 Answers
Respected sir, Suppose i want to start with a company but initially i do not have any physical office as it is out of my budget, and i am working from home that is also parental in that case can home address itself assumed as registered office for receiving legal documents and communication. First of all can i apply for formation of company if i do not have trading office in my own name.
Asked 10 years ago
you can show your residential house as your registered office of your company . take steps for formation of company as provided under provisions of companies act . you may need NOC of society if it is a residential flat
Make a limited liability company in accordance with the provision of Companies Act.
Residential house can certainly be used as the registered office of company subject to fulfillment of all the necessary requirements.