Step-by-Step Guide: How to Start a Dates Import Business If you're considering starting a dates import business (khajur), this step-by-step guide will walk you through the process from scratch, covering essential aspects like company registration, formation, and necessary licenses. We'll also explore choosing the proper business structure and obtaining an Importer Exporter Code (IEC). Step 1: Business Registration and Formation A. Choose the Right Business Structure: 1. Proprietorship Firm Registration: - Pros: Easy to set up, less regulatory compliance, and complete control. - Cons: Unlimited liability, personal assets at risk. 2. Limited Liability Company (LLC): - Pros: Limited liability, tax benefits, and easier to attract investors. - Cons: Complex setup, regulatory compliance, and more administrative work. 3. Private Limited Company Registration: - Pros: Limited liability, separate legal entity, be...
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