Propreitorship
Why Proprietorship?
A sole proprietorship is a type of unregistered business entity that is owned, managed and controlled by one person. Sole proprietorship is the most common type of business in India and it is used by most micro and small businesses operating in the unorganized sectors. Proprietorships are simple to start and have minimal regulatory compliance requirements for operating. This entity is ideal for entrepreneurs who are getting into business for the first time and for small businesses with few clients.
How it works?
- Submission of Documents
- Filing for registration
Benefits of Proprietorship
- Ease of setup:- The entrepreneur can start operations and receive payments from clients as no registrations are required to start a proprietorship.
- Ease of dissolution:- The proprietor does not have to particularly wind up the company in case he wants to cease operations. This saves a lot of time and effort.
- Ease of compliance-: The other advantage of a Proprietorship is that it requires no additional compliance in most cases. The PAN of the proprietor and proprietorship are one and the same. Hence in most cases, only income tax return in Form ITR-3 must be filed every year.
Our Price
Basic
₹499
/- month
- FORMATION GUIDANCE
- ASSISTANCE FOR PAPERWORK
Standard
₹1,999
/- month
- FORMATION GUIDANCE
- ASSISTANCE FOR PAPERWORK
- GST REGISTRATION
- PROFESSIONAL TAX REGISTRATION
Advanced
₹7,999
/- month
- FORMATION GUIDANCE
- ASSISTANCE FOR PAPERWORK
- GST REGISTRATION
- PROFESSIONAL TAX REGISTRATION
- TRADEMARK REGISTRATION
Documents required to register a Private Limited Company
- PAN (Permanent Account Number) of proprietor
- Address Proof (Voter Id, Passport, Driving License, Aadhar Card) of proprietor
- Latest passport size Photograph of Proprietor
- Registered Office Address Proof – Ownership proof, Rent/Lease Agreement + NOC of Owner + Electricity Bill or Local Authority Tax Receipt.
- Additional Address proof all directors / promoters with Present address Mobile bill OR Telephone bill OR Electricity bill OR Bank Statement