SOLE PROPRIETORSHIP REGISTRATION

A Sole Proprietorship Registration is a business which is owned ,directed and run by a single. Proprietorship is recognized by other registrations such as services or sales tax registration . It is the most familiar form of business in India, utilized by small scale business operators . This type of trading is very popular among the unorganized sector .It has huge short comings, such as unlimited liability of proprietor.

FilingBazaar is the fastest growing Company registration services in India Providing the Pvt.Ltd /LLP/Public Ltd company/one person company registration etc.

DOCUMENTS REQUIRED FOR SOLE PROPRIETORSHIP

1. Color Photo of the Proprietor.

2. Firm Name with Registered Office.

3. Personal Proprietor Pan Card & Aadhar Card Copy.

4. Valid Email-id & Contact Number.

5. Name of Products / Services in which Your Firm is dealing.

6. Saving Bank account statement/ First Page of Passbook/ cancelled cheque of proprietor.

7. If Business Property is own provide Electricity or Legal Ownership Documents other wise Provide Rent Agreement.

PROCEDURE TO GET THE PROPRIETORSHIP CERTIFICATE

1. After the payment received from you, we will do the following procedure..

2. Document Preparation.(1- Day)

3. Apply for proprietorship registration. ( 1- Day)

4. Sending you Proprietorship Firm Kit.

ADVANTAGES OF SOLE PROPRIETORSHIP

A. Sole proprietorship Business are one of the most simplest forms of business in India.

B. It is one of the easiest form of business entity to start with minimum formalities.

C. The personal liability of sole proprietor is generally unlimited. Business assets& personal assets of sole proprietor are claims to sole proprietorship’s creditors.

D. Sole proprietor has total flexibility in managing and controlling the business.

E. Biggest advantages of sole proprietorship is that its having lower taxes.