Proprietorship Firm

ALL INCLUSIVE FEE RS. 500 ONLY

Package Inclusion :

  • Search of Trademark & Name Availability
  • One DSC & One DIN
  • Name Reservation
  • MOA , AOA and Other documents
  • MCA & Govt. Fees
  • Incorporation Certificate (CIN) 
  •  Pan & Tan of One Person Company (OPC)
  • Documents Pick up & Drop facility 

Proprietorship Firm

What is Sole Proprietorship?

Starting a business under sole proprietorship is easy and convenient. A sole proprietorship is neither a company nor a corporation. The business is owned by an individual. The sole proprietorship firm registration is done with a motive to open a current bank under the name of a small business.

When an individual who owns any products or services establish themselves as the sole proprietor when they starts selling it. Many entrepreneurs are running and selling their product under sole proprietorship.

The income is basically reported as the business income or losses by the owner in his/her individual income tax return.

What is Sole Proprietorship Registration Online?

Sole Proprietorship registration online is completely a digital process and hence you can register your business without leaving from home or office. Generally, a person desirous to establish and profess the business as a sole proprietorship firm requires starting with certain basic requirements such as one need to have a Current Bank Account on the Name of Business to support the ease of doing business.

Starting a business as a Sole proprietorship firm is easy in India with less compliance and less costing.

Sole proprietorship registration is required for the individual owned business and India is toward ease of doing business, hence it is suggested to obtain the given below registrations to make his business function smoothly and legally. You can select any of registration from the below:

 

Documents Required for Sole Proprietorship Registration

For Sole Proprietorship registration, the following documents are required:
  • Aadhar Card
  • Registered office proof
  • PAN Card
  • Personal Bank Account

 

The Advantages of choosing Sole Proprietorship Registration in India

Sole Proprietorship Registration in India

Business secrecy is maintained Informed decision making is done and prompt action is followed Flexibility of Operations Least record keeping Accountability is your own It is the oldest and simplest form of business. No hazel to establish your business. It automatically exists as soon as you start to sell something. No second set of business tax forms to complete Sole proprietorships have the lowest tax rates. No need to publish its financial accounts or any other such documents to any members of the public. Hence a great deal of confidentiality is maintained, which is quite important in the business world. The owner drivesthe maximum incentive from the business. Not required to share any of his profits. Being your own boss system and sense of satisfaction and achievement is achieved It acts as a great boost to your self-worth as well. Easy star and closure procedure Direct control Common examples of sole proprietorship business are grocery shop, chemist shops, beauty parlors, fabrication units and so on.

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