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Register Your Sole Proprietorship In just Rs.999/- (Inclusive of govt. fees, No Hidden charges)

999.00

WHAT WILL YOU GET FROM US
 Proprietorship Registration Certificate.
TOTAL TIME PERIOD 
Its a 1 Day process only
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Description

 

DOCUMENTS REQUIRED FOR INCORPORATING A SOLE PROPRIETORSHIP

Duly scanned copies of the following documents are required to be submitted to the assigned expert

IDENTITY PROOF
For the Proprietor:nnu2663 PAN Cardn
ADDRESS PROOF
For the Proprietor:nnu2663u00a0Aadhar Cardnu2663 Driving Licensenu2663 Election IDu00a0u00a0n
REGISTERED OFFICE
For Office in Indianu2663 Proof of Property (Registry Proof /Rent Agreement/House Tax Receipt) u2663u00a0Latest Utility Bills (Electricity Bill/Gas Bill/Mobile Bill/Telephone Bill)
CANCELLED CHEQUE
For the Proprietorship:nu2663 Bank Account's Cancelled Cheque

REGISTER YOUR SOLE PROPRIETORSHIP IN JUST 1 DAY

Register a Proprietorship from anywhere in India by following 4 steps

PROVIDE DOCUMENTS

You need to provide Scanned Documents only. It is an 100% online procedure which requires no physical visit to any statutory authority

CHOOSE A NAME

We help you choose a suitable name for your business, it can be a ficticious name. Also select a business activity of the firm.

OTP VERIFCATION

All the requisite documents will be prepared within 1 working day and at the time of application prepration and submission OTP(one time password) Require

REGISTRATION CERTIFICATE

On Registration of your sole proprietorship, you get your Registration Certificate.

Step Wise Breakdown of 1 days process

1-2 hrs

Provide Documents

5 - 7hrs

Application Filing

8hrs

Certificate of Registration

WHY TO OPT FOR REGISTERING A SOLE PROPRIETORSHIP

Sole Proprietorship is a recommended business type for all those who are just about to start off business, signally and primitive businesses.

ECONOMICAL
Registering a Sole proprietorship In India is the cheapest compared to other forms of business registrations.
ASSETS
The proprietor can freely mix his personal assets with that of the business. There is no restriction on such clubbing of personal asssets like bank account, property etc.
NUMBER OF OWNERS
Sole Proprietorship is the simplest business form which can be registered single-handedly. Since proprietorship is not a legal entity, the proprietor personally owns the business.
EASILY INCORPORATED
Sole proprietorship can be established easily and inexpensively by simply opening a bank account.n
NO MINIMUM CAPITAL CONTRIBUTION
There is no statutory limit of minimum capital contribution by the proprietor to register a Sole proprietorship.
NO COMPLIANCES
A Sole proprietorship is not required to conduct any Board Meeting, AGMs or maintain any statutory records.

FREQUENTLY ASKED QUESTIONS

How to decide a name for Sole Proprietorship?

There are certain points you need to keep in mind before deciding a suitable name, they are the proprietor may

  • Choose a trade name, or
  • Choose any Business name other than his legal name
  • Choose any fictitious name.

There are no restrictions. However, the proprietor may get the name. Trademarked.

Why should we not opt for Sole Proprietorship?

Sole Proprietorship has certain disadvantages which makes it less lucrative for the businesses:

  • Unlimited Personal Liability for any business loss or debt.
  • No capital infusion from public
  • No legal existence on the death of the proprietor.

What is the taxation structure for sole Proprietorship?

According to the Small Business Administration, the income of proprietorship is regarded as the direct income of the proprietor and is not subject to separate taxation. It is shown with the proprietor’s personal tax returns.

Also, it is the duty of the proprietor to pay off all dues of income tax and self-employment contributions.

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