Registration of proprietorship company

This query is : Resolved 

11 July 2013 Respected Sir,
I want open a proprietorship Firm of garment etc. plz tell me
what is process for the same explain in detail

Anand

11 July 2013 Hi

Proprietary firm registration
Proprietorship Firm

In the case of proprietorship firm, there is no registration required. As there is no procedure to make application for availability of name (as in the case of companies) applicable, you simply have to open a bank account with the name & style you want to work. But if your business is liable for VAT and / or Service Tax registration, then you have to obtain VAT and / or Service Tax registration. Further, for sole proprietorship, no separate income tax PAN is required. The PAN of the proprietor will be the PAN of the firm and proprietor will have to file income tax return in his personal name.

Documents Required for Proprietary Firms

• Photocopy of PAN Card (copy and photograph clearly visible).

• Shop and Establishment Licence (only Registered Shop and Establishment Licence will be accepted).

Proof of residence:

• Bank statement no more than three months old with stamp and signature (bank letter confirming the name of the client, address and account number if not on the letterhead).

• Photocopy of utility bills (landline, electricity, gas bill – no more than three months old).

• Photocopy of driving licence (valid and not expired).

• Photocopy of passport with full address of the client (address on the passport should be typed and not handwritten).

Bank proof:

• Cancelled cheque.

• Bank statement.

• Office proof with office address and in the name of the firm/proprietor.

• Bank statement no more than three months old with stamp and signature.

• Photocopy of utility bills (landline, electricity, gas bill – no more than three months old).


11 July 2013
PROPRIETORSHIP FIRM REGISTRATION

In India we register the Proprietorship which is also called a Sole Proprietorship Firm or Company which is register under the Indian Proprietorship Act 1908. We require the following document to form a proprietorship firm or company.

Benefits:

Registration under “INDIAN REGISTRATION ACT 1908”

Benefits at the time taking Contracts from Govt. or other Agencies

Identification of the PROP. of the Firm.

Benefit in taking legal Action

Requirements:

Prop. Name, Father’s Name, Residence Address

Firm Name and Firm Address

Two Photos of the Proprietor

Objects of the Business

One ID proof – Voter ID or DL or Passport

One electricity bill or water bill of office premises.

NOC from the landlord of the premises.

Rent agreement

Please also give us the date of commencement of business

In case of sole proprietorship, please attach an affidavit attested by notary

public.

Letter Head & Rubber Stamp ( Address & Prop.)

12 July 2013 Thank you Sir

12 July 2013 My pleasure...........


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