Overview:-
One of the oldest and easiest business entities is a sole proprietorship. A proprietorship is owned, managed, and controlled by one person - who is the proprietor. As the proprietorship and proprietor are one and the same entity, it is very easy to start and there are very minimal compliance requirements.
As the proprietor and the businesses are one and the same, a proprietorship cannot have other partners or shareholders.
Benefits:-
- Easy to Form.
- Total Profit Flexibility.
- 100% Control.
- Less expensive to manage.
- Safe business secrets.
- High Privacy.
- Employment Opportunities.
- Easy Dissolution.
What kind of business should go for a Sole Proprietorship?
- Small business with limited needs.
- Retail shops.
- Service-based businesses like salons & spas.
- Private chef offering service.
Documents Required:-
- Aadhar Card
- PAN Card
- Bank Account
- Registered Office proof
Steps to start:-
- Choose a name
- Get a Business License.
- Business Bank Account
- Accounting
- Paying Taxes
What we offer:-
- Registration under MSME/UDYAM
- Registration under ISO
- Registration under TAN/TDS
- Registration under GST
But Why Choose Us?
Quick & Affordable
Ideal Consultation
Excellent Service
Guaranteed Money Back
FAQ's
