EXECUTE YOUR DREAM BUSINESS BY REGISTERING YOUR OWN SOLE PROPRIETORSHIP FIRM WITH VS IPR & LEGAL ADVISORS
It is a form of business entity in which an individual introduces his own capital, Skill, Intelligence in the management of affairs.
Proprietor is solely responsible for the results of its operations.
There is no such Concept to Register Proprietorship Firm but to start a Bank Account you required at least Two Documents to get legal recognition of your Sole Proprietorship Firm Name.
Existence of a proprietorship must be established through tax registrations and other business registrations that a business is required to have as per the rules and regulations.
If you want to register your Sole Proprietorship firm then VS IPR & LEGAL ADVISORS will help you in Registration and in all the Compliance after Registration.
REGISTRATION CAN BE DONE AS PER THE REQUIREMENT
Shop & Establishments (GUMASTA LICENSE)
International Organization for Standard (ISO)
UdyogAadhar / Udyam Registration (MSME)
Trademark Registration (TM)
Professional Tax Registration Certification (PTRC)
Tax Deduction Account Number(TAN)
REGISTRATION BENEFITS OF PROPRIETORSHIP FIRM
· Easy formation
A proprietorship firm can be started in a day as it is very minimal registration required.
· No Restriction on name reservation
A sole Proprietorship firm can Start its Business with any name as there is no Law to govern, but the name should be unique to create an Identity in this business world.
· Less Tax Burden
A sole Proprietorship firm has less tax burden as compared to the Corporate entity,
But they cannot avail some tax Deduction which is taken by a corporate entity which ultimately increases their liability.
· Full Control
Since Proprietor is the Single owner of its Business so does not required any other person's permission to make the decisions.
· Simple Dissolution
It can be closed without any prior approval, one may just need to surrender if any registration has been done.
REQUIRED DOCUMENTS FOR SOLE PROPRIETORSHIP REGISTRATION