If You Are A Small Manufacturers And Traders, Then The Sole Proprietor’s Option Is Right For You.
₹ 2,499 (All Inclusive)
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What is Sole Proprietorship?
A sole proprietorship is a business entity that is owned, managed and controlled by one person. It is one of the most popular forms of business in India, used by small businesses operating in mostly the unorganized sectors. Proprietorship firms are very easy to start and have very minimal regulatory/statutory compliance. A proprietorship firm can be established by getting a tax registration or a license based on the nature of business and there is no specific registration of the ‘proprietorship’ itself.
There is no such thing as registration; proprietorships are recognised by other registrations, such as a GST registration. As you would imagine with a business that’s so easy to set up, though, its shortcomings are severe: the liability of the proprietor is unlimited and it does not have a continuous existence.
What Is Included In Our Package?
Procedure For Proprietorship Registration
Documents Required for Proprietorship Registration
Minimum Requirements For Proprietorship Registration
Advantages Of Proprietorship Registration
Frequently Asked Questions
The entire procedure is 100% online. As all documents are filed electronically, you would not need to be physically visited at all. You would need to send us scanned copies of all the required documents & forms.
Only one person is required to start a Proprietorship and a Proprietorship can have only one promoter.
PAN Card for the proprietor along with identity and address proof is required.
The person must be an Indian citizen and a Resident of India. However, the individual must 18+ above in terms of age and should have a valid PAN card.
Yes, you can register your company at your residential address.
There is no limit on the minimum capital for starting a Proprietorship. Therefore, a Proprietorship can be started with any amount of minimum capital.
Proprietorship firms are business entity that are owned, managed and controlled by one person. So Partners cannot be inducted into a Proprietorship firm.
Its take minimum 8 to 12 days.