Special Cases Where ITR Filing is Mandatory : CASE NO. 1: A person deposits a total amount exceeding 1 crore rupees…
Proprietorship Registration
Proprietorship Registration
What is Proprietorship Registration?
A sole proprietorship is a business owned, managed, and operated by a single individual, making it one of the most prevalent business structures in India, particularly among small enterprises in unorganized sectors.
Sole Proprietorship Registration encompasses various registrations, such as service or sales tax registration. However, it comes with several drawbacks, including the proprietor's unlimited liability and lack of perpetual existence. Hence, it is favored by small traders and brokers as a business structure. miraculoustaxes facilitates Sole Proprietorship Registration.
Documents Required for Proprietorship Registration
PAN Card Copy of Proprietor Registration
Electricity/ Water bill (Business Place)
Copy of Aadhaar Card/Voter identity card
Why Proprietorship Registration?
Easy to Start
Minimal Compliances
Audit not required
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