- Shop establishment certificate
- Opening of current account and its six months statement
- Copy of PAN Card
- Proofs of business address
- Passport sized photo copies
- GST registration
Solubilis provide proprietorship registration in Chennai, Bangalore, Hyderabad, Cochin and anywhere in India. Sole proprietorship shall mean the following. Sole means single and the proprietorship means ownership. This is a form of business organization which is owned and managed by a single individual, who shoulders the responsibility of running the business and takes the profit or loss. In this type of business form, single person is responsible for investment and bears the risk of the enterprise.
Individuals, who would like to control over the entire business operation and run it as a small/ medium business can opt for this Proprietorship business.
A sole proprietorship is a company with only one owner and is not registered with the state, unlike a limited liability company (LLC) or corporation. Starting a sole proprietorship requires no paperwork -- all you do to create a sole proprietorship is simply go into business.
Unlike corporations, sole proprietorships are not treated separately. This means that any profit derived from your sole proprietorship is treated as your personal income and is accounted for on your individual tax return. Any such income is taxed to you in the year it was received.
Not necessarily. But every business is unique hence there may be circumstances where business advisers help may require. You can consult with Solubilis at free of cost they will guide to choose the better form of business organisation.
It is an unincorporated entity. If you own a sole proprietorship, generally you shouldn’t have to go through the same registration. It is the simplest form of a business very popular among small and medium businesses, freelancers and Individuals.
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