Starting a business as a sole proprietor is the simplest and most effective way to kickstart your entrepreneurial journey. A proprietorship is an easy-to-manage business structure where the owner has complete control over operations, profits, and liabilities. At AuditFiling, we streamline the registration process, ensuring a hassle-free experience for you.
Why Choose Proprietorship?
Full Control: The proprietor has exclusive authority over business decisions and profits.
Easy Setup: Minimal legal formalities and documentation required.
Low Compliance Requirements: No mandatory audits and minimal tax filings.
Cost-Effective: Affordable registration and operational costs compared to other business structures.
Tax Benefits: Individual tax rates apply, which may be lower than corporate tax rates.
Proprietorship Registration Process
Step 1: Choose a Business Name
Select a unique and appropriate name for your proprietorship that aligns with your business vision.
Step 2: Obtain PAN & GST Registration
Apply for a PAN card if not already available.
Register for GST if annual turnover exceeds the prescribed limit.
Step 3: Open a Bank Account
A business bank account helps streamline financial transactions and credibility.
Step 4: Register Under Local Laws
Depending on your business nature, obtain necessary local or municipal licenses such as Shops & Establishment registration.
Step 5: MSME Registration (Optional)
Registering as an MSME can help avail government benefits and schemes.
Documents Required
PAN Card of the proprietor
Aadhaar Card
Business Address Proof (Rent Agreement/Utility Bill)
Passport-sized photographs
Bank details
Why Choose AuditFiling?
Expert Assistance: Our professionals handle documentation and compliance effortlessly.
Fast Processing: Quick and hassle-free registration services.
Affordable Pricing: Transparent pricing with no hidden costs.
Ongoing Support: Post-registration assistance for taxation and compliance matters.
Start Your Business Today!
Register your proprietorship with us and begin your journey as an independent entrepreneur. Contact us now to get started!
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