Proprietorship

HIGHLIGHTS

Easy incorporation

Sole Proprietorship is the easiest form of business entity in the terms of procedure of establishment.

Minimal cost

The cost involved in the formation of a sole proprietary firm is very less as compared to other forms of business.

Lesser compliances

As compared to other business forms, there are fewer legal compliances with respect to incorporation, operation and taxation.

Independent control

As Sole Proprietor is the single owner of his business, he surely has independent control over his operations.

Single Promoter

This is the only form of business entity that can be promoted by a single individual.

No corporate tax liability

As per the direct tax laws of India, the sole proprietary entities are not liable to pay flat corporate profit tax, unlike other business forms.

DOCUMENTS REQUIRED

Passport size Photograph

Passport size Photograph

Adhar Card

PAN Card

Proof of Business Address

Electricity Bill

PACKAGES

Basic

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Proprietorship registration with TAN registration, GST registration, MSME under Udyog Aadhaar, 3 month GST return filing. Assistance in Bank Account Opening.Inclusive of government

Fees and GST – 5999.00/-

Standard

* *

Proprietorship registration with TAN registration, GST registration, MSME under Udyog Aadhaar, 1 year GST return filing Inclusive of government

Fees and GST – 12999.00/-

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