Sole Proprietorship Firm Registration – Process, Documents & Fees
The Proprietorship is a business of Single person and also known as Sole Proprietorship. Sole
Proprietorship does not have to get itself registered, unlike any other Company. Proprietorship firm is not a separate legal entity and hence it is not different from the owner of the firm. They both are treated as same.
In Proprietorship, the tax liability is on the owner, and tax is calculated as in the case of an individual. The owner can maintain the secrecy of his business. All the decision of business can be taken only by the owner.
The firm doesn't have any legal existence, so if the firm gets registered itself on Municipal Corporation then only it will be considered as some legal identity. Once it is registered in Municipal Corporation, they will issue a Shop & Establishment Certificate. This License/Certificate will be in name of proprietorship firm. It is advisable to get Shop & Establishment License as it will give some legal existence for your business.
Afleo will help you in all your requirements regarding the registration of Proprietorship firm and other formalities. Our Business advisors will give solutions to all your queries regarding Proprietorship Registration and help you with all the documents requires, process, Fees, Cost etc. Afleo.com started with the simple idea that doing business in India should be very easy. Our growing team of young hard working professionals is our biggest asset. Our team puts the consumer first, and work meticulously to ensure that documents are filled correctly and swiftly. Afleo is the market leader with 100+ Proprietorship Registration per month and total figures crossing 10000+
The firm doesn't have any legal existence, so if the firm gets registered itself on Municipal Corporation then only it will be considered as some legal identity. Once it is registered in Municipal Corporation, they will issue a Shop & Establishment Certificate. This License/Certificate will be in name of proprietorship firm. It is advisable to get Shop & Establishment License as it will give some legal existence for your business.
Afleo will help you in all your requirements regarding the registration of Proprietorship firm and other formalities. Our Business advisors will give solutions to all your queries regarding Proprietorship Registration and help you with all the documents requires, process, Fees, Cost etc. Afleo.com started with the simple idea that doing business in India should be very easy. Our growing team of young hard working professionals is our biggest asset. Our team puts the consumer first, and work meticulously to ensure that documents are filled correctly and swiftly. Afleo is the market leader with 100+ Proprietorship Registration per month and total figures crossing 10000+