Sole proprietership


This query is : Resolved 

01 July 2011 Dear All,

Please tell me the procedure to incorporate a sole proprietership company.

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My name is Ramakrishna

and i want to start on "ramakrishna and co" name


01 July 2011 No problem you can start a firm in the name of Ramkrishna & Co. as proprietor. For this you have to take the following
1) Trade Licence in the name of Ramkrishna & Co from the local Municipal Corporation.
2) Printing of Letter Heads.
3) Rubber Stamp for proprietorship and round seal.
4) Open a Bank account.
5) Register with Sales Tax Department
6) Register with Central Sales Tax Department
7) Register with Service Tax Department.

The above 5 to 7 shall be applicable only when you attain the turnover limit fixed by the department or if you are purchasing any goods for sale from other states.


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