Sole
Proprietorship

Sole Proprietorship Price - 2499/

Sole Proprietorship is the most straightforward business form, ideal for individuals seeking to start a business with minimal complexity and cost. It is an unregistered business entity owned and managed by a single person
The advantages of a sole proprietorship include:

Owners can establish a sole proprietorship instantly, easily and inexpensively.
Sole proprietorships carry little, if any, ongoing formalities.
Owners may freely mix business or personal assets.
Sole Proprietorship business is the simplest form of business.
Sole Proprietor has sole authority in decision making.
Sole Proprietor receives all the profits and gains.
Common Registrations for Proprietorship

PAN/TAN Registration: TAN registration is required to be taken from Income Tax Department for deduction of tax at source (TDS) and filing of returns of TDS.
GST Registration: GST registration is based on turnover limit or can be taken on voluntary basis also.
MSME Registration: MSME or Udyog Aadhaar registration can be obtained in the name of the business using Aadhar number of Sole Proprietor to establish that the Sole Proprietorship is registered under the Ministry of Micro, Small and Medium Enterprises.
FSSAI Registration: In case Sole Proprietor is going to operate any business in which FSSAI registration is required then Sole Proprietor must obtain FSSAI registration from Food Safety and Standard Authority of India.
Shop and Establishment Registration: Sole Proprietor is compulsorily required to register his business under Shop and Establishment Act of respective State. The Shops & Establishment registration is a state based labour license legislation enacted under the respective state in which the shop or establishment has been set-up.
Import Export Code: In case Sole Proprietor thinking to export / import his product then Sole Proprietor must obtain Import Export code (IEC) registration from Director General of Foreign Trade (DGFT).
Trademark: For protection of Logo / Brand name / Trademark, Sole Proprietor can register his Logo / Brand name / Trademark under Trademarks Act, 1999 by filing Trade Mark application to Trade Mark Authority. After registration of Logo / Brand name / Trademark, we protect our Intellectual Property Rights so that no other person can use / copy it.Current Account Opening
After taking necessary registrations by Sole Proprietor, A Current Account should be opened with any Bank for the payments and receipts of the Sole Proprietorship business. Sole Proprietor need to submit Account Opening Form, KYC documents, Copy of PAN, Business proof of Address and other documents as required by Bank. We assist in Opening of Bank Account for Sole Proprietorship business in various Banks of India as per convenience of the Sole Proprietor.