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Proprietorship Registration Online

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The meaning of 'Company' means any company that is established under the Companies Act , 2013. The registration process for a company in India depends on the form of company.

If a corporation or company is owned and operated by one person, it is referred to as a sole proprietorship firm or company. A single person takes care of and manages the complete running and functioning of the company in this proprietorship firm type of business. The business owner is the only one to benefit from the company's income and he has to suffer the losses.

There is no particular law guiding the sole proprietorship company. Proprietors of such businesses have unlimited corporate responsibility. This requires the personal properties of the proprietor to be attached in order to satisfy corporate liability claims. It is not possible for the ownership of a proprietorship firm to be transferred from one individual to another.

Benefits of Properitorship Firm

  • Easy to start and operate.
  • less compliances
  • Benefits of profit and privacy
  • less government control

Applying process

Visit soleproprietor portal.

Just fill form and make payment.

Get certificate in few working days.

Documents Required

Aadhaar and PAN Card of properietor.

Business Address Proof 

Bank Account

 

 

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