Starting a proprietary concern or proprietary firm in India is a simple process. There are no formal Proprietorship firm registration that needs to be done.
If an Individual / sole trader (or one person firm) planning to do a business or profession, they can register the concern under:
- Goods and Service Tax Act (GST).
- Profession Tax Act or Shops and Establishment act or Udyog Aadhar (MSME).
Business name for Proprietorship firm registration?
Yes.
A Individual’s name or a formal name is sufficient to perform the business.
We at Indefine, have helped hundreds of individuals to set up proprietary concern.
This would be the most Cost effective and best form of starting the business for a person who is not incorporated . A proprietary concern, however stands absolutely on a different footing. A person proprietor of a proprietary business to be sued in the business names of his proprietary concern.
This form of business is fully owned by one person and this single person runs the show or may be with the help of family members or relatives or may be employing one or more persons to assist.
In case you need our services to start a proprietary concern in Bangalore, please write to info@indefine.in
Contact: 8660949078
Registration required for Proprietorship firm registration depending on business :
- GST Registration
- Registration under Karnataka Shops and Establishment Act
- Profession Tax Registration
- MSME | Udyog Aadhaar Registration
- Employee Provident Fund Registration (PF Registration)
- Employee State Insurance Registration (ESI Registration)
- STPI Registration or Non-STPI Registration
- Import Export Code (IEC)
- Trade License from BBMP
Not looking for Proprietorship firm registration? Click below to find other forms of entity registration :
- Partnership Firms Registration in Bangalore
- One Person Company or OPC Registration in Bangalore
- Limited Liability Partnerships (LLPs) Registration in Bangalore
- Private Limited Company Registration
- Subsidiary Company Registration in Bangalore
- Setup Branch / Liaison Office in India
