1) in the vent you are doing business with another partner you can form a partnership firm and it has to be registered with regsitrar of firms

2) if you want to do business as company you can form private limited company for said purposes .

3)for formation of pvt ltd company you have to follow the detailed procedure

4) you would need minimum 2 directors, minimum paid up capital of Rs 1 lakh

5) apply for allotment of director identification number , digital; signature certificate

6) search for company name availability , draft memorandum and articles of association of the company

7) payment of ROC fees and stamp duty would depend upon authorised capital of the company

8) you should contact local CA in this regard

1) The amount of a company's capital that has been funded by shareholders.

2) Paid-up capital is money that a company has received from the sale of its shares,

3) is a measure of how much money investors have pumped into the company since inception in return for equity.

4) paid up capital is used by company to run its affairs

If you desire to invest and declare the paid up capital you can do so and can also use the same for the business.

Anyone who enjoys selling real estate may also enjoy owning a brokerage. With multiple agents splitting their commissions with you, owning your own brokerage makes it easier to ride out fluctuations in the market, an appealing benefit of brokerage ownership. Of course, as a broker you will also take on supervisory duties that you don't have as an agent, and you will also have to carry the overhead of running an office. But if you enjoy mentoring and have cash-flow management skills, the rewards can be great, psychologically and financially.Save up enough money to cover your startup costs, which will include renting or buying space, office equipment, logo design, an office sign, yard signs, website design, insurance. You also need to set aside enough funds to cover operating expenses for at least three to four months,

1. What is the hitch in carrying the business as a sole proprietor? For what purpose do you wish to change the character to a limited liability partnership?

2. Paid up capital required to set up a private company is 1 lakh INR.

3. Paid up capital is not given to the government. It is the minimum amount which must be pooled in the business at the start.

4. The minimum share capital shall be maintained at all times.