Proprietorship Firm Registration
- Are you looking for Proprietorship Firm Registration Consultant in Ahmedabad?
- Primary Requirement for Starting Proprietorship is PAN Card of Person & Shop Act License.
- Basic Need for Proprietorship Registration is Bank Account in the Name of Business
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Proprietorship Firm Registration Consultant
Are you interested in starting business with multiple partners as Proprietorship Firm Registration in Ahmedabad, Gujarat, india? we are best online consultant for Proprietorship Firm registration in Ahmedabad. We provide Proprietorship Firm deed drafting, Franking, notarization service near to your Ahmedabad location. We provide Proprietorship Firm consultancy in Whole Guajrat, India.
Proprietorship Firm registration is concept of business partnership with mutual understanding of two or more person. Initiating co-owned business with agreed term helps in getting synergy benefit of two or more person skills. Registration of Proprietorship Firm is simplest procedure and can be registered with partnership deed containing agreed terms and sharing ratio of profit or loss. Partnership may be operational, financial, educational etc.
Alternately you can start LLP – Limited Liability Partnership which is more recognized Proprietorship Firm mode compared to normal Proprietorship Firm .
Our Proprietorship Firm Registration combo Includes Proprietorship Firm Drafting, Stamping/Franking of Deed, Notarization, PAN Card of Firm, GST Registration of Firm.
Features & Benefits of Proprietorship Firm Registration
- Almost Zero Formation Cost
- Easy Obtainable Documents for Proprietor
- Individual Person can start small business with low investment
- Cheaper Compliance Management Cost
- Easy Closure of Business
- Specific License Required ; No GST Upto 40 Lakhs Turnover
What are the Registration and License required by New Proprietorship Firm?
Some Registration are Mandatory, where some license are based on applicability.
GST Registration – Required If Turnover of Firm crosses the Rs. 20 Lacs Limit in Financial Year.
TDS Registration – If Firm Required Audit as per Income Tax.
PF Registration – If Proprietor ship firm have more than 20 Employees.
ESIC Registration – If Organization have more than 10 Employees.
Import Export Code/License – If Proprietor Wants to do Import Export Business.
Professional Tax Registration – Mandatory for Each Business (Depend on State and Municipal Corporation Policy)
Shop Establishment (Gumasta) – Mandatory for Each Business (Depend on State and Municipal Corporation Policy)
Food License (FSSAI) – If Proprietor Firm Engaged in food business.
SEBI License – For Brokerage Firm, Advisor Etc.
MSME – Optional Can be Obtained.
FAQ's
Does the separate pan card required for registration of proprietorship firm in india?
No, PAN Card of Proprietor/Owner is consider as Proprietorship Business PAN Number. NO Separate PAN Card is Required.
Can i register more than one proprietorship firm on my own name?
Yes, You Can Start Multiple Business with Different Trade Name in Different Proprietorship of Single Person. There is no restriction on number of proprietorship registration.
Which license are required to be obtain by proprietorship firm?
All the License and Registration as per need can be obtain by Proprietor.
GST Registration – If Turnover is cross the Rs. 20 Lacs Limit
TDS Registration – If Firm Required Audit as per Income Tax.
PF Registration – If Proprietor ship firm have more than 20 Employees.
ESIC Registration – If Organization have more than 10 Employees.
Import Export Code/License – If Proprietor Wants to do Import Export Business.
Professional Tax Registration – Mandatory for Each Business
Shop Establishment (Gumasta) – Mandatory for Each Business
Food License (FSSAI) – If Proprietor Firm Engaged in food business.
SEBI License – For Brokerage Firm, Advisor Etc.
Documents required for opening of proprietorship firm bank account?
Depends on Banks Internal Policy. Mostly, documents are
Photo of Proprietor
Business Seal
PAN Card of Proprietor
Any Government Registration Proof of Business (if Any Like GST, MSME, TAN, etc)
if Government proof is Not Available, CA Certificate of Business may be used in some banks.