Legal formalities to start:...proprietorship business...????

This query is : Resolved 

25 August 2012 my friend want to start his own business ..from home.
'.1.what kind of formalities required ..
. it is starting now and income is less than one lakh..per year .please suggest..me

26 August 2012 For small level peoprietorship business there is no such formalities.
PAN of proprietor will be continued.

You may open a bank account in the name of business if required for operations.


All the Best.....

26 August 2012 respected sir , he has his pan number. he has a saving account , but he do not want to open current account ..i heard from someone that registration under shop registration act is required and these things also required 1.visiting card in the name of business
2. printed foils
3. official seal
is it correct or not ...??????
when these things required ????
HE WANT MINIMUM FORMALITIES BUT WANT TO BUSINESS WITHOUT ANY FEAR OF LAW AND REGULATIONS..
Please suggest i will be thankful to


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details