214 வாரத்திற்கு முன்பு — 3 நிமிடம் படிக்க
A sole proprietorship has been the simplest and common form of business for traders and merchants in India. An individual proprietor owns and manages the business and is responsible for all business transactions. The sole proprietorship firm does not create a legal entity separate from its proprietor or owner. It simply refers to a person who owns and manages the business and is personally responsible for all business transactions. A sole proprietorship can operate under the name of its owner/proprietor or it can do business under a separate trade name. A sole proprietorship firm require minimum two legal entity proofs to open a Current Bank Account.
Option 1 as GST registration
Considering the business nature, one may require GST registration either on mandatory or voluntary basis.
Option 2 as MSME license
Go with this option when you are starting a very small business and do not require GST registration in any condition.
What are the documents required for proprietorship firm?
Features of proprietorship firm
What are the advantages of a sole proprietorship firm?
To explore business opportunities, link with me by clicking on the 'Connect' button on my eBiz Card.
Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the views, official policy or position of GlobalLinker.
பதிவிட்டவர்
Ravi Haresh KariyaEbizFiling.com is a motivated and progressive firm managed by like-minded people. It helps a variety of small, medium and large businesses to cater to all compliance requirements...
How to register an LLP in India?
214 வாரத்திற்கு முன்பு
How to register Private Limited Company in India
215 வாரத்திற்கு முன்பு
இந்த வாரம் அதிகம் படித்தது
டிரெண்டிங்
கருத்துகள் (1)
தயவு செய்து உள்நுழைய அல்லது பதிவு விவாதத்தில் சேர