Our services include Company Registration, LLP registration, One person company formation, NGO registration, Trust registration, Society registration, Section 8/25 company registration, Sole-Proprietorship registration, Industrial Consultancy, Project Report Preparations, Market Research, Market study, EPF registration, ESI registration, Service tax registration, CST & VAT registration, Professional tax registration, DOT OSP license, Call centre license, trade license, contractor license, labour license, food license, drug license, security agency license, ISO certifications, OHSAS certifications, ISI certifications, AGMARK, HALLMARK, CE certifications, FSSAI certifications, Accounts preparations, Statutory audit, cost audit, tax audit, vat audit, internal audit, secretarial audit, annual return, mca filling, income tax return filling, service tax return filling, sales tax & vat return filling, EPF return filling, ESI return filling, Website designing and development, Inventory software development, Bulk email service, Bulk sms service, Missed call number, Toll free number, Logo designing, letter head designing, Stationary designing, Business set up consultancy, Company Secretarial Services, Chartered accountants in Patna, Bihar, Jharkhand, India. Visit www.meerad.in for more information. “Industrial Our services include Company Registration, LLP registration, One person company formation, NGO registration, Trust registration, Society registration, Section 8/25 company registration, Sole-Proprietorship registration, Industrial Consultancy, Project Report Preparations, Market Research, Market study, EPF registration, ESI registration, Service tax registration, CST & VAT registration, Professional tax registration, DOT OSP license, Call centre license, trade license, contractor license, labour license, food license, drug license, security agency license, ISO certifications, OHSAS certifications, ISI certifications, AGMARK, HALLMARK, CE certifications, FSSAI certifications, Accounts preparations, Statutory audit, cost audit, tax audit, vat audit, internal audit, secretarial audit, annual return, mca filling, income tax return filling, service tax return filling, sales tax & vat return filling, EPF return filling, ESI return filling, Website designing and development, Inventory software development, Bulk email service, Bulk sms service, Missed call number, Toll free number, Logo designing, letter head designing, Stationary designing, Business set up consultancy, Company Secretarial Services, Chartered accountants in Patna, Bihar, Jharkhand, India. Visit www.meerad.in for more information.
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Trade Licence  

 

The sole proprietorship is the legal form of corporate which is one of the simpler and less burdensome as to its constitution does not require no special requirements; the only thing to do is to open a VAT number. The sole proprietorship is the kind of company that refers to a single owner that is the entrepreneur who is therefore the only responsible and also the only promoter of his business venture. The entrepreneur does not impose a minimum amount of initial capital to invest. Since he was the only "responsible" of the entire entrepreneurial process, it is clear that the business risk falls all over him. This means that all of the assets of the entrepreneur are subjected to business risk. In case of insolvency of the debts of the individual firm, he is liable to third parties with all his possessions, including personal.
For this reason, the sole proprietorship is usually preferred, such as legal form, when you need to perform tasks that do not require large investments that involve risks and quite limited. The sole proprietorship can also be done in the form of a family business or undertaking married.

 

The advantages of carrying sole proprietorship in India are as follows:

• Easy to fulfil simple registration with the Chamber of Commerce (Chamber of Commerce,

• Industry and Crafts) in the province where is the seat of the sole proprietorship
• Speed of the timing of incorporation
• Reduced costs for the constitution
• Maintenance of corporate accounting extremely simple
• Centralized decision-making entrepreneur                                       
• Speed, flexibility and rapid decision                                                     
• Lower operating costs                 

                                               
Steps How to Start a Sole Proprietorship

 

Starting a sole proprietorshipis very simple as compare to other form of companies. Unlike to LLP or any other private or public companies; in sole proprietorship you do not need to file an application to ROC. If we consider about sole proprietorship registration India then you only need to choose name, open bank account and take license for varied services including Service Tax, VAT, IEC, Shops & Establishment license, PAN, Importer Exporter Code, ESI, Professional Tax, Central Excise Duty, CST Registration, Employee Provident Fund Registration and many more. After getting the respective licenses as per the sole proprietorship business; one can commence with his her sole proprietorship firm in India.  

Proprietorship Registration in Patna & Bihar is regulated by Bihar Shop & Establishment Act, under which any enterprises or shop running within the jurisdiction of municipal corporation of a city is required to get trade license or sole proprietorship registration mandatorily.

 

The following documents are required to register a proprietorship firm:

 

? Two Photographs of the Proprietor
? Copy of Pan & Address Proof (Voter Id/Driving License/Aadhaar Card)

? Municipal tax receipt or mutation receipts(in case office is owned by proprietor or his father), or rent agreement with electricity bill of office premises(in case office is on rent).
? Name and Nature of Bossiness
? Details of employees

 

Note:

1. Proprietorship Registration services are currently available in our head office Patna only.
2.

Please Use Resources-List of Documents Required Tab to know about recent documents required for registration of sole proprietorship.

 

 

 

 

 

 

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