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We want to start sports academy where we will be guiding and advising


06-Aug-2023 (In Banking / Finance Law)
Gm, We want to start sports academy where we will be guiding and advising & providing training to athletes. Is it better to have a trust or proprietor company and how much will be expense to start this business?
Answers (1)

Answer #1
846 votes
As per your query

In case you need to start a sports academy you need to form a Trust and register the same under the Trust act. A Trust deed is required to be fromed where in all the provision need to mentioned. This will be Trust and you need to keep Accounts and submit audit reports to the charity commissioner.

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