Legal/Accounting Consultancy for Indian Online Platform
Budget: ₹750 – ₹1,250 INR
We have na online platform where industries and connect and work with consultants. We wish to manage the payment for this. It willboradly work like freelancer where we take money from one party and hold the payment till work is done and after that send the money forward. Our country of origin is india. We are looking for legal/accounting help with following points -
1. Deciding what will be the right structure to do this, things like should we get an escrow account for this or use our normal bank account etc.
2. Detailed flow of deductions that will happen through the transaction at various places. For example how much tds will be deducted and at what levels, how will the gst devision work etc etc.
3. What invoices/form16/receipts etc we will need to provide to both consultancy seeker and consultants.
4. How this process can be automated at various stages
5. What legal deisclaimers we need to add and at what stages
We are looking for a structure that is most simple, has minimum obligations and allows us to keep tds deductions and gst additions at minimum. Since we are located in india these need to be as per indian laws. also take into account that consultant could be an individual or a gst entity as well
1. Deciding what will be the right structure to do this, things like should we get an escrow account for this or use our normal bank account etc.
2. Detailed flow of deductions that will happen through the transaction at various places. For example how much tds will be deducted and at what levels, how will the gst devision work etc etc.
3. What invoices/form16/receipts etc we will need to provide to both consultancy seeker and consultants.
4. How this process can be automated at various stages
5. What legal deisclaimers we need to add and at what stages
We are looking for a structure that is most simple, has minimum obligations and allows us to keep tds deductions and gst additions at minimum. Since we are located in india these need to be as per indian laws. also take into account that consultant could be an individual or a gst entity as well