SOLE PROPRIETORSHIP REGISTRATION
IDEAL FOR START-UPS GOING FOR FUNDING & GROWING BUSINESS CONTACT US BY FILLING THIS FORM
PROPRIETORSHIP REGISTRATION?
A Sole proprietorship is a business which is owned, managed and controlled by a single person. It is one of the most common form of business in India, utilized by small businesses operating in the unorganized sectors. Proprietorship is recognized by other registrations, such as a service or sales tax registration. It has too many shortcomings, such as unlimited liability of proprietor, and it does not have continuous existence. For these reasons it is considered by small merchants and traders as a business structure. Sole Proprietorship Registration is done through Legal Belief.
Choose proprietorship because
- A sole Proprietorship is cheaper as compared to OPC.
- A proprietorship with income of less than Rs. 2 Lakhs per annum is not required to pay income tax.
- Cheaper to incorporate than a private limited company
- Easy to establish with less formalities.
WHAT IS INCLUDED IN OUR PACKAGE?
DPIN for 2 Partners
Digital Signature For 2 Partners
Name search & approval
LLP Agreement
ROC registration Fees
LLP Pan Card
WHAT IS INCLUDED IN OUR PACKAGE?
Complete our Simple Form
You are required to fill the details in our simple online questionnaire and submit documents.
START
Obtain DSC and DPIN from us
After submitting your documents we will provide you with DSC and DPIN.
5 WORKING DAYS
Verification and Name Approval
Details provided by you will be verified and then we shall apply for name approval.
2 WORKING DAYS
Document Submission
We will create all the required documents and file them with ROC on your behalf.
3 WORKING DAYS
Your work is completed.
Once your company is incorporated, we shall send you all the documents and DSCs
CONGRATULATIONS
DOCUMENTS REQUIRED FOR LLP REGISTRATION?
Copy of PAN Card of partners
Passport size photograph of partners
Copy of Aadhaar Card/ Voter identity card
Copy of Rent agreement (If rented property)
Electricity/ Water bill (Business Place)
Copy of Property papers (If owned property)
Landlord NOC (Format will be provided)
WHY LLP REGISTRATION?
Low set- up cost
Minimal Compliances
Tax Advantages
Limited Liability
Separate Legal Entity
MINIMUM REQUIREMENTS FOR LLP REGISTRATION
Minimum 2 Partners
No Capital Requirement
At least one Designated Partner as Indian Resident
DPIN for all Partners
Faq's
– The Proprietor must be an Indian citizen and a Resident of India.
– Proprietorship firms do not have a Certificate of Incorporation.
– There is no limit on the minimum capital for starting a Proprietorship. Therefore, a Proprietorship can be started with any amount of minimum capital.
– To open a bank account for a Proprietorship, Reserve Bank of India mandates that the proprietor must provide two forms of registration for the Proprietorship firm along with the PAN Card, identity proof and address proof of the Proprietor. The two forms of registration can be any two of the following: service tax registration, MSME registration, VAT/TIN/CST registration, Shop & Establishment Act registration, Professional license, Chartered Accountant certificate or others as provided in the RBI Know Your Customer norms.
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