- Specialized knowledge and experience in Taxation & Business Registration.
- More communication than what larger agencies provide.
- Strategic partnership and advice for potential opportunities to grow your brand.
- Work is done in-house and not outsourced to a third party.
- We practice what we preach and use our own services to grow our business.
Rs. 3999.00/- All Inclusive
The Sole Proprietorship Is A Popular Business Form Due To Its Simplicity, Ease Of Setup, And Nominal Cost But Is Not A Legal Entity
The sole proprietorship is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. A sole proprietor need only register his name and secure local licenses, and the sole proprietor is ready for business.
A distinct disadvantage, however, is that the owner of a sole proprietorship remains personally liable for all the business’s debts. So, if a sole proprietor business runs into financial trouble, creditors can bring lawsuits against the business owner.
There is no mechanism provided by the Government of India for the registration or incorporation of a Proprietorship. Therefore, the existence of a proprietorship is established only by tax registrations and other business registrations that a Proprietorship is required to have as per the rules and regulations.
Process We Follow
Proprietorship is recognised through one or more government registrations. Our representatives will advise you about the ones you will need, based on the business you're in.
Selection on Type of Registration
We will help you decide what registration you need, whether GST, MSME, Import/Export code, Shops and Establishments registration.
Begin Registration Procedure
Once you've decided what you want, we'll ask you for the documents we need to get started. In most cases, you would first need to provide address and identity proof as well as a scanned copy of a passport-sized photograph.
Get Your Proprietorship Started
After registration is complete you start process for opening bank account.