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How to start a manpower for overseas/local and How to start a HR Consultancy .

Starting a Placement agency company in the world requires a bit of know how’s. where you are going to open manpower consultancy you should know about a specific country at place where you want to open. When i started a manpower constancy I have to went to starting a company legally is going to be very time consuming with lot of formalities according to Country low and regulation. This post I am writing Because most of my friends asked How to start a manpower for overseas/local and How to start a HR Consultancy company then I went to my friend office to know about all these processor of How to start a manpower for overseas/local and How to start a HR Consultancy company in the world He started His own Company and I requested to write a post on how to start a consultancy company so he permit me and today I am sharing about your question that How to start a manpower for overseas/local and How to start a HR Consultancy company .

When ever you are going to start any kind of business you need few steps to establish what are the best steps for starting a new business like manpower or other Private and public company in the world.so as below try to read carefully what you exactly need to do for starting a new manpower and other business or company.

1. Decide a name for your company: as you know your parents decided a name when you have birthed for you to know in the world like that decide a name when you start a new business. Deciding name for the company is very important as this is the brand for which you will be working for the rest of your life .try get a brand name should not match with other already established business .name should be short to remember and should be a good brand like Apple, Samsung have their name .

2. Buy a domain name: Now days people use internet and they search about any things in internet so You should buy a domain name for your company. Its compulsory because no body would trust a company who doesn’t have a good website and domain name.Domain name should be your company name

3. Get your website Designed and Hosted –Once you selected you domain then go for your website host and design with your office picks and good templates.if you do not know how to create website then there are so many website developer company are there for creating and developing website .

Now the thing is what type of business you are going to start first Choose the type of company you want to open in your country Deciding which type of company you want to open or want to start as I am sharing about How to start a manpower for overseas/local and How to start a HR Consultancy company like that which company you want to start .

Type of business -

There are 4 types of company and all have different processor which you can form in world

• Sole Proprietorship: Manpower company and hr consultancy company you can opern under a sole proprietorship . A sole proprietorship also known as a sole trader or simply proprietorship is a type of business entity which is owned and run by one individual all profit and loss belong to one individual only there is no legal restriction if you work under low of country processor. If you are starting alone i recommend you to start as a sole proprietor, because it’s easy to start and total control is in your hands without you no one can control firm. There are not many formalities for this kind of firm , if you company turnover reaches 10 lakhs per year you will have to register for service tax in few countries like India ,Nepal etc.

• Partnership company with 50% share: This company can open with two or more person .all partner have to invest equally . A partnership is a type of business entity in which partners (owners) share with each other the profits or losses of the business for all partner .All partner will be responsible for every thing is going in the company.

• Private Limited: This is a private company, in this company you can not invite public share and others you only can work under private firm only .

• Public Limited: A public limited company is a type of limited company in the world which is permitted to offer its shares to the public only not for others.

For more information in India you can visit Company Registeration1 ,Company Registeration2- ,

Once you decided what type of company you want to start then you have to Open a current account in any Bank which is near to your organization or you like .Opening a current account is the most important part of business of any organization in the world and you also can promote your business if you are fresher .

If you have applied for service tax then you can open a current account any where if you did not apply for service tax then you can open your account in government Bank only which you will find in you country.