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 Proprietor
Ø 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
Registration
Ø GST
registration
Ø TAN
no.
Ø All
other Consultancies regarding that.