Sole Proprietorship Registration
The individual willing start their business at small scale select the most adaptable type of business in India being Sole Proprietorship Registration in Delhi. Sole Proprietorship services is a famous business in India because of its straightforwardness, simplicity of setup and company and ostensible cost inclusion. It is the least difficult frame under which one can bear on the business which has the no different lawful presence from its Owner.
In the Proprietorship Firm business, the individual (Referred as Proprietor) himself is the sole proprietorship Registration in Subhash Nagar Delhi of the entire business and furthermore worries about the concern and duty of the business and its tasks. website Design Services
Documents Required For Sole Proprietorship (All Soft Copy)
- Self-Attested PAN card copy of All the Partner.
- Self- Attested Proof of Identity (Like-Voter ID, Passport, Driving License, Aadhar Card)of the proprietor.
- Business address proof (Any One of Electricity Bill, Telephone Bill, Property, Gas Bill, Tax Bill).
- Firm Name.
- Firm Service or object or Product Name.
- Procedure for Incorporation of Sole Proprietorship:- wordpress services
After the payment received from you, we will do the following procedure…
- Document Preparation.(1- Day)
- Apply for proprietorship registration. ( 1- Day)
- Sending you Partnership Firm.
ADVANTAGES OF SOLE PROPRIETORSHIP
- Sole proprietorship Business is one of the simplest forms of business in India,
it is one of the easiest forms of business entity to start with minimum formalities.
- Because it is one person company, so minimum compliance is put off.
- The personal liability of sole proprietor is generally unlimited. Business assets
& personal assets of a sole proprietor are claims to sole proprietorship’s creditors.
- The sole proprietor has total flexibility in managing and controlling the business.
- Biggest advantages of a sole proprietorship are that it’s having lower taxes. An entity which
have less than 3 LAKHS annual income is free to pay taxes