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PROPRIETORSHIP FIRM REGISTRATION

by Vyapari Mitra · Meerut Professional
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Vyapari Mitra provides PROPRIETORSHIP FIRM REGISTRATION. Describe your requirement and get a quote or a call back.

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Product description

PROPRIETORSHIP FIRM REGISTRATION

A sole proprietorship is a type of unregistered business entity that is owned, managed and controlled by one person. Sole proprietorship's are one of the most common forms of business in India, used by most micro and small businesses operating in the unorganised sectors. Proprietorships are very easy to start and have very minimal regulatory compliance requirement for started and operating. However, after the startup phase, proprietorship's do not offer the promoter a host of benefits such as limited liability proprietorship, corporate status, separate legal entity, independent existence, transferability, perpetual existence – which are desirable features for any business. Therefore, proprietorship registration is suited only for unorganised, small businesses that will remain small and/or have a limited period of existence.

DESCRIPTION

A sole proprietorship is a type of unregistered business entity that is owned, managed and controlled by one person. Sole proprietorship's are one of the most common forms of business in India, used by most micro and small businesses operating in the unorganised sectors. Proprietorships are very easy to start and have very minimal regulatory compliance requirement for started and operating. However, after the startup phase, proprietorship's do not offer the promoter a host of benefits such as limited liability proprietorship, corporate status, separate legal entity, independent existence, transferability, perpetual existence – which are desirable features for any business. Therefore, proprietorship registration is suited only for unorganised, small businesses that will remain small and/or have a limited period of existence.

About Vyapari Mitra

Vyapari Mitra started with the aim of simplifying Business Legal and IT needs that doing business in India should become easier. To accomplish our motto we are continuous working and develop the largest business services platform in the India with a range of business services from Getting Business Idea, Setting up with great efforts and brought a successful entity. By making it smooth we allow to do business, we hope to unleash Entrepreneurship and help small as well as medium businesses compete effectively. TradMate has been founded by an experienced team of CAs and Management Consultants.

850
Business Trust Score · Excellent · 300–900
Level 2 · Profile Complete

Address

106

Shivam Complex

Hapur Road Opp Eves Petrol Pump

Meerut - 250001

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