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Proprietorship Registration

Get an instant start to your small business without any complications or delays

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THE PACKAGE INCLUDES

2 DSC

Digital
Signature
Certificate

2 DIN

Director
Identification
Number

MOA/AOA

Memorandum of Association / Articles of Association

COI

Certificate of Incorporation

PAN

Permanant
Account
Number

TAN

Tax Deduction and Collection Account Number

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Why choose Proprietorship Registration

ADVANTAGES

​A sole proprietor has complete control and decision-making power over the business. * Sale or transfer can take place at the discretion of the sole proprietor. * No corporate tax payments * Minimal legal costs to forming a sole proprietorship * Few formal business requirements * Sole proprietor manages the business * No need to file income tax return if total income is below 2,50,000/- * No need to pay tax if income upto 5,00,000/- after deduction

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* The sole proprietor of the business can be held personally liable for the debts and obligations of the business. Additionally, this risk extends to any liabilities incurred as a result of acts committed by employees of the proprietorship firm. * All responsibilities and business decisions fall on the shoulders of the sole proprietor. * Investors won't usually invest in sole proprietorships.

DISADVANTAGES

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documents Required

Pan Card of Applicant

Address Proof of Aplicant

Cancelled Cheque of Applicant

steps included in the process

Please provide us the required documents to initiate the process

Proprietorships do not have a process of incorporation. Therefore, our Business Advisors will advice you on the way the identity of the Proprietorship business can be established through other Government registrations.

The identity of a Proprietorship can be established through Goods & Service Tax Registration (if applicable) mentioning the business name. Goods & Service tax registration takes 6-7 days, subject to Government processing time.

The identity of a Proprietorship can be established through IEC Registration (if applicable) mentioning the business name. IEC Registration takes 3 to 5 days, subject to Government processing time.

We will help you in opening a Current Account in your choice of bank after the registration.

Current Account in your choice of bank after the registration Completed.

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