Easily Register a Proprietorship
Proprietorship is an alias for the Proprietor to do business. Proprietorships are ideal for very small businesses in the unorganised sector. We offer proprietorship registration from Rs.1,499/-
Proprietorship Registration
The most common and simplest form of business is a sole proprietorship. Many small businesses operating in the United States are sole proprietorships. An individual proprietor owns and manages the business and is responsible for all business transactions. The owner is also personally responsible for all debts and liabilities incurred by the business.
Sole proprietors need to comply with licensing requirements in the states in which they’re doing business, as well as local regulations and zoning ordinances. The paperwork and formalities, however, are substantially less than those of corporations, allowing sole proprietors to open a business quickly and with relative ease – from a bureaucratic standpoint. It can also be less costly to start a business as a sole proprietor, which is attractive to many new business owners who often find it difficult to attract investors.
Reasons to Register a Proprietorship Firm
Easy to Start
Proprietorship needs minimal registration. Therefore, it is one of the easiest form of business entity to start with minimal formalities. However, after starting up a Proprietorship, it is relatively harder to open a bank account or obtain a payment gateway in the name of the business – since more registrations like VAT or Service Tax or GST Registration may be required.
Business Name
Since the name of a proprietorship is not registered, a proprietorship can choose to have any name – as long as it does not infringe on a registered trademark. However, since the name is not registered, any other person can also use the same business name unless trademark registration is obtained.
Single Promoter
Proprietorship is the only type of business entity that can be registered and operated by one person. To register a one person company, a nominee Director is required and for all other types of entities like company or LLP or partnership firm, two or more promoters are required.
Business Name
Since the name of a proprietorship is not registered, a proprietorship can choose to have any name – as long as it does not infringe on a registered trademark. However, since the name is not registered, any other person can also use the same business name unless trademark registration is obtained.
Single Promoter
Proprietorship is the only type of business entity that can be registered and operated by one person. To register a one person company, a nominee Director is required and for all other types of entities like company or LLP or partnership firm, two or more promoters are required.
SIMPLE & TRANSPARENT PRICING
BASIC
Rs.1,999/- all inclusive fees
- Proprietorship registration with TAN registration,MSME under Udyog Aadhaar, GST Registration (Inclusive of government fee and GST)
Standard
Rs.4,999all inclusive fees
- Proprietorship registration with TAN registration, MSME under Udyog Aadhaar, GST Regisration and One Year TDS return filing. (Inclusive of government fee and GST)
Premium
Rs.14,999all inclusive fees
- Proprietorship registration with TAN registration, MSME under Udyog Aadhaar,One year TDS return filing and One year GST Return filing. (Inclusive of government fee and GST)
How we help with Proprietorship registration?
efilingworld.com can help you register a proprietorship in 3 to 5 working days, subject to government and client processing time.