India’s Only Govt Certified Portal “MyOnlineCA” to get done Register Sole Proprietorship Firm under Registration No “DIPP9122”
Enter your details below and get started right away to done Sole Proprietorship Firm Registration
Sole Proprietorship Registration is best business formation to doing the business in India. It’s a very simple procedure with less compliance and costing & fee. It’s a very popular business formation in India when you starting a new business for the testing purpose.
Sole Proprietorship Need Minimum 1 Person for the Registration. The person called sole proprietor. a sole proprietor is the owner of the business. Sole Proprietor can be hired also someone to running their business as the employee but can’nt authorised signatory for the legal documents signing purpose.
Sole Proprietorship Firm consist a lot of things required different type of the registration like GST Registration | MSME Registration | Chartered Accountant Certification | Gumasta License or Shop Act license etc so as per government of India rules there is no proper business registration for sole proprietorship firm. Let’s understand below in the simplified manner –
Main Objective – Opening a current bank account on the Firm Name or Business Name which is required the minimum 2 license or any 2 legal document on the Firm Name as per the RBI Compliance.
Step1. Fill Up register Sole proprietorship firm with your Company basic Details
Step2. Make Payment Online 1499/-or 2499/-INR “Cards/Netbanking/UPI”
Step3. Be Relax ! You will connect with Dedicated CA and get done registration in 2-3 days
There are 2 Pricing Package by MyOnlineCA
Package 1 : Start Only 1499/- INR (all inclusive)
MSME Registration Certificate + CA Certificate
Package 2 – Start Only 2499/- INR( All inclusive)
GST Registration Certificate as Proprietorship Firm
Not Enough ?
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As we divide the all the license in mainly 2 categories –
Local license are issued by the local or area govt or central government of the same. In the local license there are lot of the type of the license are included like shop act license or MSME Registration or CA Certification or Income Tax Return etc. so you have to required only the minimum 2 anyone below certification or license to open a bank account
a) MSME Registration – MSME Registration refer to small and medium business enterprise. From the Sept 2015 government simplified the MSME Registration by filings of the online application with the documents. MSME Department are authorised to prepare the guide license for the small business and provide them subsidy or loan like pradhan mudra bank loan etc.
b) Chartered Accountant Certification – CA Certification is issued by the only the authorised practicing chartered account which have proper registered firm with the ICAI and Membership number. CA just verify the all documents of the proprietor and provide a certification to open a current bank account.
c) Shop act License or Gumasta License – Shop act license or gumasta license are issued by the municipal party in the same area. its is required the commercial shop or office where you want to start the business. Its issued on the number of the employees and on renewal basis for the same.
d) Business ITR – business income tax returns are consist the Form ITR 4 or ITR 4s with business name and proper business income which is required by only some private banks to open a current bank account.
New or Fresh GST Registration has been started from 25th june 2017. So Now you have to required the GST Registration instead of the VAT or Service tax in the following conditions –
so in above all the 5 conditions you have to required the new GST Registration and have to open a current bank account for the same. for the more details Checkout here about gst registration for proprietorship firm
We at MyOnlineCA build a automation platform to get register your proprietorship firm at the low cost with paperless work.
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