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Proprietor Registration



It is a form of one man army business and is the most common way to start a business in India because of its easiness and no registration expense, minimum administration cost and minimum level of formalities. A sole proprietorship is not a separate legal entity, and is sole responsible for the debts incurred by him. It means the sole proprietor has unlimited liability unlike the Limited liability Partnership or Company. Proprietorship does not have perpetual succession as it comes to an end when the proprietor cease to exists.

Registration of Proprietorship is not necessary in any act except specially required e.g. for opening of Current account. Proprietorship can be started by registration of the firm in the Service Tax act if the proprietor is engaged in service industry, in VAT if it is engaged in Trading of Goods, MSME act, Shop and Establishment Act.

Time period : 4 to 6 days

(subjected to the processing time taken by Department)


Minimum Requirement

  • Documents will be required after understanding the need of registration required for the business as different documents will be required for different registration.

Silver

Rs. 2999.00


(All Expenses Includes)

Registration of Firm under Service Tax Act

Gold

Rs. 7999.00


(All Expenses Includes)

Registration of Firm under Sales Tax Act

Diamond

Rs. 8499.00


(All Expenses Includes)

Registration of Firm under Service Tax Act & Trademark Registration


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