- Every year pay nearly 30K to exchange
- Set up an office space that should not be used for any other activity. Rental cost incurred.
- All other incidentals of running a business like administration, accounting, taxation and promotional activities are additional.
- Maintain registers for visitors, grievances etc
- Periodic compliance checks from broker. Surprise inspection can happen from anyone from broker to regulator.
- Shouldn’t be inactive for more than 6 months. If it happens registration is cancelled.
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