How to register a startup company comprising of two people ?

February 20, 2009 by admin · 3 Comments
Filed under: Small Business 
M.P.Guru asked:


I am starting a small software company with one of my friend.
How much it cost to Register the same.What is the procedure.
Also throw some light on venture capital.
I would like to register a software company in India for developing and market a website.Where to get the details regarding the government agency for regeitering the company ?We are just two people working for the company.How to maintain the accounts and file the same for Income Tax.
We will be selling the product only after an year.What are the things i should legally maintain to show our expense details while filing for tax purpose,like office rent, employee salary,phone bills. We will be able to attain the break even only after two years, How can file a loss i.e only expense in the first year for taxation.

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