A sole proprietorship is also known as individual entrepreneurship and it is the ancient way to start a business in India. As of now, no law regulates sole-proprietorship firms. The sole -proprietorship is the simple and easy way to start any business. The sole-proprietorship is recommended for those businesses where a single person only wants to manage the business operation with the least statutory compliances. The sole-proprietorship firm is not a separate legal entity so all the profits and losses are directly linked with the owner of the firm.
The name of the sole-proprietorship firm may be the name of the owner or any fictitious name. In general, we start any sole-proprietorship firm by getting GST registration, Msme/Udyam registration, Shop & Establishment registration or any other registrations if required for smooth functioning of business operations. In a proprietorship, the owner of the firm has absolute power to give orders, make decisions and manage the entire business independently. You never lose your trade secrets if you will start a business by forming a sole-proprietorship firm.
BENEFITS OF PROPRIETORSHIP FIRM REGISTRATION
- Minimum Government Compliances
- Simple and Easy Way to Start Business
- 100% Owner Control
- No Chances to Lose Trade Secrets
- Low or Minimum Income Tax Rate
- Enjoy Entrepreneurship with Low Cost
WHY UDYOG HELP? - Reasons, why we're best for you
- Consultation by expert
- Compilation of documents and information
- Self Ink stamp
- MSME/Udyam Registration
- GST Registration
- Bank account opening assistance
- Government payment receipt if any
- Liasoning for escalating approval
- Post registration compliances checklist
- Original documents file
- Logo design
- Trade Mark (TM) application filing in one class
- One Class III DSC, Individual - 2 Years Validity
- Website (Domain & Hosting, 1 Year)
Visit Us for More Information:- https://udyoghelp.com/proprietorship-firm-registration/
Contact Us
2151/9A/5, 3rd Floor, New Patel Nagar,near shadipur metro station New Delhi - 110008
9311911002
care@udyoghelp.com
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