Proprietorship company registration in India-

A proprietorship firm is the simplest form of business registration in which person can start a company in India. In the proprietorship firm only single person can invest entire capital and he is entitle to take full profit of the company.
A single person can run a company called proprietorship firm. In a proprietorship firm single person can control, manage and invest all capital, assets sharing all profit and loss.
The Government has not defined any mechanism for registration of proprietorship firm. But we can register a proprietorship through Local License / Registration and Tax registration.
We R Consultants will help you for proprietorship registration through different way of registration.

Important Point of a Proprietorship –

1. Formation of proprietorship – the proprietorship registration is easy process compare to other form of business.
2. Liability-In proprietorship firm proprietor is liable for all risk and liability.
3. Business Name- In Proprietorship proprietor can start a business under any name as long as its not violated any trademark.
4. Control – In a proprietorship only single owner so all control of business with the owner.

Benefit of Proprietorship-

1. Formation and winding of proprietorship is easy process as compare to other business formation.
2. The cost of start proprietorship is low as compare to other business registration.
3. No corporate tax liability on Proprietorship Company.
4. Compliance are minimal in comparison with other forms of business.

Documents required for proprietorship Registration-

• Pan card (Mandatory)
• Photo
• Address proof
• Utility bill of Firm register office.
• Bank details like bank statement ,cancel cheque .