Excellent service and great team
Done Communication 5/5 responsiveness 5/5 good price 5/5 ontime services 5/5 Service Quality 5/5
Amazing service and fast work completion with zero follow-up.
Mr. Alam is extremely helpful, easy to work with and provides service at accelerated pace.
Registered my Pvt Ltd in 7 working days ??
Totally fraud consultancy
Satisfied. Good corporation. Got good guidance in all kind of work
9394553947 home delivery available MRF all City contact number 9394553947
In recent years, start-ups have changed the way people approach business. More and more individuals in kolkata are now keen on setting up their own business practices and are looking to register them in order to avail the tax benefits.
What is a Proprietorship Firm?
A sole proprietorship is a type of business entity owned, managed, and controlled by one person. It is one of the most common forms of business entities in India, preferred by small and micro businesses in the unorganized sector. There are certain limitations with a proprietorship firm: no corporate status, separate legal entity, independent existence, and transferability for the promoter/business owner.
How to register a Proprietorship Firm?
The Government of India does not provide any mechanism for registering a sole proprietorship firm. Hence, its existence must be established through tax registrations and other business registrations that a business needs to have as per rules and regulations. In this case, all registrations (VAT, Service Tax, and GST Registration) are in the name of the proprietor making him/her liable for all the liabilities of the Proprietorship.
What are the documents required for registering a Proprietorship Firm?
To start a sole proprietorship, the following documents are required:
How much time does it take for a proprietorship firm registration?
In case you don’t have a service tax and/or sales tax registration, it might take 15 days to even 45 days. After this, it usually takes 3 to 5 working days, depending on the submission of documents by the clients and the processing time of the government.
Why should you register a proprietorship firm?
How can a sole proprietorship be closed?
For all legal purposes, a proprietor and a proprietorship are the same. It is very simple to close a proprietorship – by canceling all the tax registrations made in the name of the proprietor.