Sole Proprietorship firm is the easiest business or commerce arrangement and organization where the responsibility and dependability of procedure, operations and running or administrating the commerce and business lies exclusively and only with the proprietor or owner. At what time single person or an individual runs a business and commerce after that and then such kind of business and commerce is called as proprietary business or commerce, and the title-holder or owner of the business is called as proprietor. Sole Proprietorship is the for the most part ordinary or common form of the business and commerce which is used in India. Sole Proprietorship is the simplest or easiest form of business and commerce done and used in India since or from the time when it isn’t governed and directed by any specific laws. Under the sole proprietorship’s, the compliance’s are minimal or negligible and easy for to fulfil. The decision making, pronouncement and management or administration of the business and commerce is in the hands of a single person or an individual. Trademark registration and other business registration’s is the right way to show existence of your proprietary business. Following registrations can be used to show the existence of your proprietary Business: 1. Udhyam Registration. 2. GST Registration. 3. Shops and Commercials Establishments of the Registrations. The owner of a sole proprietorship business typically signs contracts in his or her own name, because the sole proprietorship business has no separate identity under the law. Ignis legal care proffer the services or the Sole proprietorship firm registration in just as reliable or affordable cost of manner or in just as the short period of time you can consult us and contact by placing a call on +91–9829303123 anytime from anywhere. ADVANTAGES OF SOLE PROPRIETORSHIP FIRM REGISTRATION 1. EASY TO START AND CLOSE BUSINESS: One week’s time you can start your registered business saving your time and money. 2. SINGLE OWNERSHIP: Single ownership means less complication; also decision making is limited to one person. 3. NO RESTRICTION FOR BUSINESS NAME: There is no need to register or reserve the name for proprietorship purpose; you can directly start the business on any name of your choice. 4. EASY TO CLOSURE: Closure procedure is very simple with minimum formalities. DOCUMENTS REQUIRED FOR REGISTRATION OF PROPRIETORSHIP FIRM 1. Self-attested copy of Aadhar card of proprietor; 2. One Passport size photo; 3. Latest utility bill/rent agreement/Ownership Deed; 4. Bank Statement/Cancelled Cheque for Bank Account Details purpose; 5. Number of workers employed; 6. Details of Investment in Plant & Machinery; 7. Main Business Activity;
