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I want to start bike rent business what are the formalities
22-Mar-2023 (In Startup Law)
What is formalities to start a bike rent business
As per your query, assuming you will set up a private limited company which will run the bike rental business. There are quite a few formalities that need to be taken care - under the Companies Act, Service Tax registration and other tax related registrations etc. For the bike rental business application with need to be made to the Regional Transport Authority. Section 75 of the Motor Vehicles Act, 1988 provides for Scheme for Renting Motor cabs (which includes motor cycles).
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Adv. Siddhant Sharma
Delhi | 200+ Answers
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