About Proprietorship

Sole Proprietorship is the only owner of the business owned, managed and controlled by it, who is the recipient of the all the profits and bearer of all the risks associated with the business & alone runs the risk of failure. In this the person concerned is solely responsible for the providing the capital for bearing the risk of the enterprises & for management of the business and directs its operations. It is best suited where in areas of personalized services at small sacle.

Why Proprietorship:

Ø  Minimal Procedural requirements and compliances.Ø  Easy formation and closure.Ø  No interference.Ø  Cheaper cost of doing business.Ø  Audit not required except in certain cases.

Documents for Registration:

Ø  Copy of PAN Card of Proprietor.Ø  Trade Name of Business.Ø  Passport size photograph of ProprietorØ  Copy of Aadhar Card/ Voter identity card/ Driver’s license as address proof.Ø  Electricity/ Water bill/ Telephone bill/ Latest bank statement as proof of Registered Office (Business Place)Ø  Copy of Sale Deed/Property Deed (If owned property), otherwise the Landlord NOC if the property is taken on rent / lease.

Additions in our services for Proprietorship Registration:

Ø  MSME RegistrationØ  GST registrationØ  TAN no.Ø  All other Consultancies regarding that.