• 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 3 years ago in Business Law from Mumbai, Maharashtra
form a limited company if forex trading is allowed by forming part of corporation
Ajay Sethi
Advocate, Mumbai
24881 Answers
1340 Consultations
5.0 on 5.0
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
Ajay Sethi
Advocate, Mumbai
24881 Answers
1340 Consultations
5.0 on 5.0
Make a limited liability company in accordance with the provision of Companies Act.
Ashish Davessar
Advocate, Jaipur
18884 Answers
475 Consultations
5.0 on 5.0
Residential house can certainly be used as the registered office of company subject to fulfillment of all the necessary requirements.
Ashish Davessar
Advocate, Jaipur
18884 Answers
475 Consultations
5.0 on 5.0

Ask a Lawyer

Get legal answers from top-rated lawyers in 1 hour. It's quick, easy, and anonymous!
Ask a Lawyer

Business Lawyers

T Kalaiselvan
Advocate, Vellore
15373 Answers
142 Consultations
5.0 on 5.0
Ajay Sethi
Advocate, Mumbai
24881 Answers
1340 Consultations
5.0 on 5.0
Ashish Davessar
Advocate, Jaipur
18884 Answers
475 Consultations
5.0 on 5.0
Krishna Kishore Ganguly
Advocate, Kolkata
12737 Answers
264 Consultations
5.0 on 5.0
Devajyoti Barman
Advocate, Kolkata
5926 Answers
63 Consultations
4.9 on 5.0
Nadeem Qureshi
Advocate, New Delhi
3646 Answers
138 Consultations
4.9 on 5.0
Shivendra Pratap Singh
Advocate, Lucknow
2895 Answers
44 Consultations
4.9 on 5.0
Rajgopalan Sripathi
Advocate, Hyderabad
916 Answers
55 Consultations
5.0 on 5.0
Lakshmi Kanth
Advocate, Hyderabad
266 Answers
2 Consultations
4.8 on 5.0
Shashidhar S. Sastry
Advocate, Bangalore
1256 Answers
62 Consultations
5.0 on 5.0