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Proprietorship registration

Aditya Sharma (finance advisory) (377 Points)

30 May 2015

do we need to register a proprietorship concern to legally bind the contracting parties ( like we have to register partnership to legally bind third parties).

If yes, than how to register proprietorship??

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CMA Poornima Madhava (CMA) (13097 Points)
Replied 30 May 2015

No such registration like firms. Bank account to be opened, PAN/TAN and other statutory registration like VAT/ST etc to be done wherever applicable/required.

https://www.indiafilings.com/learn/sole-proprietorship-registration/

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Z ( ) (2960 Points)
Replied 30 May 2015

PROP. FIRM REGISTRATION

In India we register the Proprietorship which is also called a Sole Proprietorship Firm or Company which is register under the Indian Registeration Act 1908. We require the following document to form a proprietorship firm or company. Benefits: Registration under “INDIAN REGISTRATION ACT 1908”

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

2. Identification of the PROP. of the Firm. 3. Benefit in taking legal Action Requirements:

1.Prop. Name, Father’s Name, Residence Address 2. Firm Name and Firm Address 3. Two Photos of the Proprietor 4. Objects of the Business 5. One ID proof – Voter ID or DL or Passport 6. One electricity bill or water bill of office premises. 7. NOC from the landlord of the premises. 8. Rent agreement 9. Please also give us the date of commencement of business 10. In case of sole proprietorship, please attach an affidavit attested by notary public. 11. Letter Head & Rubber Stamp ( Address & Prop.)

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