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Proprietorship Firm Registration

Ideal for small traders and merchants

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Procedure For Proprietorship Company Registration

Step 1
Complete our Simple Form

You must complete our short questionnaire with your information and upload any necessary papers.

Step 2
Verification of Documents

The information you provide will be checked by our professionals before any further procedures.

Step 3
Submission of Document

All necessary paperwork will be produced by us, and it will be sent to the proper people.

Step 4
Your work is completed

When your proprietorship has been incorporated, we will let you know.

Proprietorship Registration

A Sole proprietorship may be a business that is claimed, overseen, and controlled by a solitary individual it’s one among the foremost widely known sorts of business in India, employed by small businesses operating within the unorganized sectors. Proprietorship is perceived by different registrations, like a service or sales tax registration. It has an excessive number of shortcomings, like the unlimited liability of proprietor, and it does not have a ceaseless presence. Therefore it’s considered by small merchants and brokers as a business structure.

Choose proprietorship because

Compared to an OPC, a sole proprietorship is less expensive.
A proprietorship that earns less than Rs. 2 Lakhs annually is exempt from paying taxes.
Simple to establish with little formalities.

Documents Required For LLP Registration

  • Copy of PAN Card of partners
  • Electricity/ Water bill (Business Place)
  • Copy of Aadhaar Card/Voter identity card

Why Proprietorship Registration?

  • Easy to Start
  • Minimal Compliances
  • Audit not required

What Is Included In Our Package?

MSME registration

TAN/TDS registration

Guidance on service tax, trademark, sales tax registration

Frequently Asked Questions

Who can be a Proprietor?

The Proprietor must be both an Indian national and an Indian resident.

Will the proprietorship firm have an incorporation certificate?

A Certificate of Incorporation is not required for proprietorship businesses.

How much capital do I need to put down up front to launch the business?

The amount of capital required to launch a proprietorship is unrestricted. As a result, any minimal capital can be used to launch a proprietorship.

How can a proprietorship business open a bank account?

The owner is required by the Reserve Bank of India to submit two forms of registration for the proprietorship firm together with the PAN Card, identity verification, and address proof of the proprietor in order to open a bank account for a proprietorship. Any two of the following registration types may be used: service tax registration, MSME registration, VAT/TIN/CST registration, Shop & Establishment Act registration, professional licence, Chartered Accountant certificate or other registration types as specified by the RBI Know Your Customer guidelines.

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Taxation

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Trust/Society NGO

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