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How to start a financial company that takes investment from people?


05-Mar-2023 (In Banking / Finance Law)
I want to start a financial company which takes investments from people and trade in stock market with that. what are the legal procedures and constraints towards opening such a company. company takes all profits above 15% returns per annum. is there any legal constrain in setting up such a model. kindly advice..
Answers (1)

Answer #1
963 votes
Hi, There are many legal constrain in setting up such establishment. It needs extensive discussion with a lawyer on Registration, license,financial aspects ... etc., Based on your business model, you can get approval from respective authorities.

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