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Akshit Goyal

Venture Capital, Fun... • 1y

Hi everyone! I’m Akshit, Partner and Corporate Practice Head at Goyel and Goyal. I'm here on Medial to answer all your questions regarding startup incorporation, legalities, fundraising compliances and any and all things legal/CS. Please put down

SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

Q1 =} is investers give funding if your startup company registered in solo propertiership ? Q2 =} What safety measures should startup owner take to secure thier equity in company ?

Shreyash Srivastava

Think different, do ... • 1y

Q1)-ans- no

SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

Explain with logic brother what no ?

1 Reply

Replies (1)

Gautam Ambani

Money Magnet • 1y

If you're planning to rise a fund then, Pvt Ltd is required. Sole proprietorship firm means you own 100% and you can't transfer or give some stack to someone else. You've to give 100% if you want to transfer the company else won't work. You can create a OPC, and if you plan to rise funds, then you can convert OPC into Pvt Ltd. But, I'd suggest that from the start, do register a Pvt Ltd, so that you don't have to mess with the regulations later.

1 Reply

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