A sole proprietorship is an unregistered business entity that is owned, managed and controlled by a single person. A proprietorship is the easiest form of business. The entire capital is invested by one person and he alone is entitled to the profits of the business. Proprietorship registration is best suited for unorganised, small businesses that will remain small or have a limited period of existence. Proprietorships are easy to start and have very minimal regulatory compliance requirement. Howeverproprietorship's do not offer the proprietor a host of benefits such as limited liability, separate legal entity, independent existence, transferability, perpetual existence There is no such mechanism provided in Law for the registration of a Proprietorship. However, registration such as Goods and Services Tax (GST) and obtaining TAN number for complying with the TDS related provisions of the Income Tax Act is necessary.
Advice Brain helps you in proprietorship registration. We extend our full support in documentation, preparation, filing and subsequent Follow-up with departments and complete the entire process in is 3 - 5 Working days.
We found solution to all our problems, we were facing in India. Team Advicebrain streamlined our processes of accounting, tax and payroll with ease.
Thank you very much for the quick turnaround. Special mention about Riya who is proactive, polite and honest. The best customer service personnel a company can have. Thank you team once again
Excellent and Professional services provided by Surbhi and step by step procedure completed fast and with in short time we got our ISO certificate.Our thanks goes to all staff at Advice Brain.
Advice brain Organisation is a excellent to the new enterpreneurs where all the approvals and proper advise can be availed under one roof. From Planning, Execution, Proper Govt Approvals and Filing Returns can be done under one roof without any pains. Rest Assured Will Recommend has been the industry's standard dummyever.