A Proprietorship Registration is a business that is owned, directed & run by a sole trading person The law treats sole proprietor and his business as same and he is held personally liable for all business debts. The low cost of registration, minimum compliances make it a desirable option for small businesses.
The proprietor ship does Not require any specific registrations, hence we advised best to obtain things that make his functions go on smoothly. On case to case basis.
MSME(Udyam registration) In order to benefit under the MSME act, you need to be registered under UDYAM.
Shop & Commercial Establishment Registration : Every shop or commercial unit requires a mandatory registration with the labour department. Professional Tax Registration: Every proprietorship concern shall enrol under professional tax act.
GST Registration: The GST registration is mandatory only when turnover exceeds 20 Lakhs of service provider & 40 lakhs of trader,Manufacturor. if you do Inter-State Business then irrespective of turnover will apply.
At Exult get the best price and services for your registration, obtain certificate of incorporation for proprietorship with minimum days.
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