Hi
I need to register my "sole proprietorship". I consulted a CA. Got to know that only a Current Account needs to be set-up. Any bank is not ready to set-up this account as it needs some firm's registration proof.
So I'm kind of struck here. Pls help. How to approach this?
I deal in online freelancing software business, operated from home.
Thanks,
Sumit
Dear Sumit,
Please note
Kindly register with VAT - in the company name
company name may be XYZ should mentioned proprietor
this itself sufficient to open Current A/c with Bank.
To open a current account with a bank you can get a certificate from a chartered accountant.This accepted for sole proprietory concerns.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
