- [email protected]
- Bengaluru, India
Proprietorship Firm Registration in Just 3 Days!
Proprietors starting a small business by opening a current account in the name of their business with a government license.
Best foot forward for small businesses that prefer low risk and want to minimize starting-up costs.
3 Quick Steps to Register a Proprietorship Firm
1. Documents
Documents collected from Proprietor are either signed originals or scanned copies.
2. Application
We will submit the documents & application with the registrar and follow up for approval.
3. Certificate
With the certificate you may open a current account in the name of your proprietorship business.
Checklist of Documents to Get Started
For Proprietors
- Proprietors photograph scan
- Proprietors PAN card copy
- Proprietors Aadhar/Address proof
For Registered Office Address
- Rental or Lease agreement if premise is rented or leased
- Address proof - Latest tax paid receipt or sale deed if premise is owned by Partner
Get Quick Consultation For Free
When to choose Proprietorship Firm?
- When you solely want full control and ownership of profits and loss from the business
- When you want to test the business ideas.
- When you do not seek investors in near future
- When you do not want to fall in flat 25 % tax bracket as specified for other forms of Organization
- When you want to enjoy the benefits of Individual tax slab rates.
- When you want to enjoy freedom and control on your business
Advantages of Proprietorship Firm
Proprietorship is the simplest form of organization. The Proprietor can start his/her enterprise after obtaining license and permits. There is no need to go through the legal formalities.
The owner, i.e. the proprietor is free to make all decisions and reap all the fruits of his labour. There is no other person who can interfere or weigh him down.
The whole business is handled by the proprietor himself and, as such, the business secrets are known to him only. The proprietor is not bound to reveal or publish his accounts.
As compared to other forms of ownership, the proprietor’s Income is taxed only once while corporate income is, at occasions taxed twice.
As there are no co-owners or partners, there is no scope for the difference of opinion in the case the proprietor/entrepreneur wants to dissolve the business.
Trending Registration Packages
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REASONS WHY CUSTOMERS LIKE US
TURNAROUND TIME
We deliver within the promised turnaround time and help you with quick business setup.
EXPERIENCE
All our in-house professionals possess at least 10+ years of industry experience.
PRO-ACTIVE
Our team proactively initiates the process & follows up for approval of application forms.
SUPPORT
Our team follows industries' best practices and aims to provide personalized solutions.
we will assist you 24/7
Quick Contact
MR. REGISTRATION
established in 2016, Developing a broader, more holistic, startup-centered approach that focuses on facilitating ease of setting up business in India.
Head Office
- HAL, Bangalore, India
- [email protected]