Aggarwal Tax Solutions (Business Consultant)

Sole Proprietorship
Registration

Sole proprietorship registration involves choosing a business name, registering it with local authorities, and obtaining necessary licenses and permits. This type of business structure requires minimal paperwork and is often subject to fewer regulations compared to other forms of business. It provides a straightforward way to establish and operate a business as an individual.

Procedure For Sole Proprietorship Registration

The procedure for sole proprietorship registration involves choosing a business name, obtaining any necessary licenses and permits, and registering with the appropriate local or state government authorities.

Complete our Simple Form Online

You are required to fill your details in our simple questionnaire and submit documents.

Verification of Documents

For further procedures, details provided by you will be verified by our experts.

Submission of Document

We will create all the required documents and file them with appropriate authority.

Your work is completed

Once your proprietorship is incorporated, we will intimate you about the same.

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Proprietorship Registration

A Sole proprietorship may be a business that is claimed, overseen, and controlled by a solitary individual it’s one among the foremost widely known sorts of business in India, employed by small businesses operating within the unorganized sectors.

Sole Proprietorship Registration is perceived by different registrations, like a service or sales tax registration. It has an excessive number of shortcomings, like the unlimited liability of proprietor, and it does not have a ceaseless presence. Therefore it’s considered by small merchants and brokers as a business structure.

A Sole Proprietorship Registration is less expensive as compared to OPC.

Easy to determine with fewer formalities.

A proprietorship with an income of less than Rs. 2 Lakhs per year isn’t required to pay tax.