The simplest form of business structure in India is Sole Proprietorship where a single person establishes and controls the business affairs. It has the least number of compliances among all forms of businesses and the fastest way to start a business. Also, there is NO SUCH THING AS A COMMON SOLE PROPRIETORSHIP REGISTRATION. You just need GST Registration (if applicable) or UDYAM (MSME) Registration (If Eligible) or Other Such License or Any Registration which is specific to your business.
Minimum Requirements For Registering A Sole Proprietorship
1. Number of Members – 1 2. Paid up Capital – No Minimum Capital
Advantages Of Sole Proprietorship
1. Least Number Compliances – Sole Proprietorship is not required to mandatorily submit its records to any authority before the business Turnover exceeds Rs. 1 Crore. 2. Low Costs – As the Compliances are very minimal, thus, the administrative costs are also the least when compared to other forms of business. 3. Ease of Setting Up – Proprietorship Concern can start within 1 Day with Proprietor only requiring an idea of what he wants to do.
How We Will Be Your “SAARTHI” In Registering Your Sole Proprietorship
1. Our experts will provide a detailed consultation @ just Rs. 118/- (which will be reduced from your further plan) w.r.t. all the requirements, merits, demerits and any other query which you may have before starting a Proprietorship Concern. 2. By helping you in Identifying whether your business requires any registrations or not and if yes, then which registration is required by your business and what needs to be done to acquire it.
What We Will Deliver To You
1. Detailed Consultancy 2. Any Registration Certificate, if Applicable
Why Make Us Your Business' SAARTHI?
1. Professional Experts providing you Guidance 2. Response Time of Maximum Half an Hour 3. Most Affordable Professional Services 4. Transparency in Pricing Structure 5. Services Available PAN India 6. Option of Meeting at your Place 7. Regular Updates about Status of your Application