Sole Proprietorship Firm Registration

Sole Proprietorship Firm Registration


A business structure known as a sole proprietorship is one in which just one person owns and runs the company. It is the most straightforward and typical type of corporate ownership. In a sole proprietorship, the owner is fully in charge of the firm, makes all the decisions, and is responsible for all the risks and obligations.

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All the legal fee will be extra as per applicable by the govt.

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Benefits of Sole Propritership Registration:

  1. Easy and Cheap Setup: Compared to other business formats, establishing a single proprietorship is quick and affordable.
  2. Complete Control: As the single proprietor, you have total authority over all business-related decisions, actions, and activities, including tactical planning.
  3. Direct earnings: You have the benefit of keeping all business earnings, maximising your financial gain and personal income.
  4. Minimal Compliance Requirements: Because sole proprietorships have less legal and regulatory requirements, there is less paperwork to complete and less money spent on compliance.
  5. Tax Benefits: You are eligible for a number of tax advantages, including the ability to deduct business costs from your income and file taxes on a personal income tax return.
  6. Flexibility and Quick Decision-Making: As the only decision-maker, you may implement corporate strategy without delays or disagreements and swiftly respond to market developments.

Additional information

There are 2 Pricing Package

Package 1: MSME Registration Certificate, Package 2: MSME + GST Registration Certificate as Proprietorship Firm