Sole Proprietorship Firm
The Sole Proprietorship business is also known as the sole trader or proprietorship or entrepreneurship and it does not have separate legal existence from its owner. With minimum registration expenses and legal requirements; a sole proprietorship registration can be done with GrowBizz where complete guidelines provided. Our professional team helps you in creation of documents, its filing and registration in quick time.
Advantages of Proprietorship Firm
- Single Owner
- Easy to establish
- No-Profit sharing
- Advantages in tax planning
- High level of privacy
- Direct interaction with customers
- Less capital required
- Provide employment opportunities
- Easy in dissolution
Documents required for Registration
- PAN Card
- Aadhar Card
- Passport Size Photo
- Office/Shop/Business Place Address Proof
- Bank Account Proof
- Present mobile number and e-mail ID
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Disclaimers:
- Registration of ‘Sole Properietorship Firm’ would be provided under ‘Shop and Establishment Act’ which is also known as ‘Gumastadhar License’.
- Additional details or information or documents other than mentioned in above list; may be called if required.