Is it necessary to form a trust to opening a nursery school

Posted on October 14, 2011 by SRRF

I have a query on issue ” is it necessary to form a trust for opening a school”, my one of friend wants to start a nursery school with in our residence compound. Is it necessary to form a trust to Opening a nursery school ? Can he start it as a private organisation or otherwise to minimize the compliance ? Please suggest me for the same in detail.

Regards,

Pushkar

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3 Responses to Is it necessary to form a trust to opening a nursery school

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    November 1, 2011 at 11:29 pm

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  3. Deepak Bansal says:
    October 14, 2011 at 11:32 am

    Running a nursery school under private entrepreneurship is also allowed. The only handicap is from following counts:

    – Pay normal Income taxes as a business organisation,
    – no govt. concession or support

    Thanks
    Deepak

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