Anyone registered a PVT LTD or LLC and Quit their day job?

Discussion in 'Starting a Business' started by DARTN, Aug 22, 2010.

  1. DARTN

    DARTN
    uix_expand uix_collapse
    New Member

    Joined:
    Aug 18, 2010
    Messages:
    8
    Likes Received:
    0
    Hello all,

    I am establishing an online business and thought of registering the business with business bank account for income tax things, i thought of going further ahead after initial success to register it as a PVT LTD and it costs around $500 in this country but it needs minimum 2 directors.

    Also i am thinking to quit my day job once i start getting steady income, i am 23 and looking forward to be my own boss, anyone have a similar experience? Registered a company?
     
  2. Fergal

    Fergal
    uix_expand uix_collapse
    Premium Member
    Premium Member

    Joined:
    Nov 18, 2007
    Messages:
    10,575
    Likes Received:
    1,165
    Welcome to Business Advice Forum DARTN, thanks for joining and posting your business questions. Is it necessary for you to register your business at this time? Would you consider getting it up and running and seeing how it goes, before incurring the expenses associated with registration?

    If you have an accountant, it would be worth speaking to them about the tax requirements for your own specific circumstances.
     

Share This Page