Everyone in India dreams of starting a business. To pursue this dream, and create it, everyone wants to start a business. A merger is the formation of a new company. Companies can be businesses, non -profit organizations, start -up companies, micro businesses, small or medium. Therefore, there is business registration in India. By merging businesses, you can start your business legally where you not only benefit from infrastructure for growth, but also help from the government.
Company registration is a process by which a company has the appropriate legal infrastructure and is incorporated into the MCA in accordance with the Companies Act 2013. The entire process is now done on the Internet.
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What is Sole Proprietorship in India?
The sole proprietorship is a popular type of unregistered business entity that is owned, operated, and operated by one person. A large number of micro and small enterprises operating in the unorganized sector prefer to register sole proprietorships.
The sole proprietorship is easy to start and has very few regulatory compliance requirements to run operations. Real estate registration is ideal for entrepreneurs starting a small business with a small number of customers.
Who is the sole owner?
The owner is the sole owner. This is not a company or legal entity. Owners and owners are legal entities.
PAN and other owner documents are the basis for obtaining all registrations and licenses. The owner is personally responsible for all obligations in the business.
Documents are required for registering
The entire process for proprietorship registration can be completed online. You will just have to upload the following documents:
- Identity Proof – Aadhar & PAN Card
- Address Proof – Latest Bank Statement
- Passport size photos