12/12/2016

HowtoRegisterSoleProprietorshipFirminIndia

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12/12/2016

HowtoRegisterSoleProprietorshipFirminIndia

Recent

Company
Registrationin
Bangalore:How
toRegister
December9,2016

HowtoRegisterSoleProprietorshipFirm
SoleProprietorshipRegistrationisbestbusinessformation
todoingthebusinessinIndia.Itsaverysimpleprocedure
VoonikSeller
Registration:
Guideto
Registeras
Seller

withlesscomplianceandcosting&fee.Itsaverypopular

December5,2016

SoleProprietorshipNeedMinimum1Personforthe

businessformationandmostoftheofflinelocalbased
businesschoosethisbusinessformation.

Registration.Thepersoncalledsoleproprietor.asole
How

proprietoristheownerofthebusiness.SoleProprietorcan
behiredalsosomeonetorunningtheirbusinessasthe

MyOnlineCA
Helpsto
RegisterSole
Proprietorship:
Lesson5
November26,2016

employee.
SoleProprietorshipFirmconsistalotofthingssoasper
governmentofIndiarulesthereisnoregistrationforsole
proprietorshipfirmsoSoleProprietorcanberegisteredin
anyonetaxregistrations.
Sointhesoleproprietorshipfirmmainobjectiveisopeninga
currentbankaccountonthebusinessnamebutduringthe

ProductBased
Sole
Proprietorship
Firm:Lesson4

openingofthecurrentbankasabusiness,youneedalegal

November26,2016

licenseoranyotherlocallicense.

prooftoshowasabusinesslegalentitysointhecaseof
firmitscalledtaxregistrationorshop&establishment

AswedividetheBusinessin2Categorybecausetax
registrationsdependonservicebasedbusinessorproduct
ServiceBased
Sole

basedbusiness.

First of all, we divided

http://legaladda.myonlineca.in/howtoregistersoleproprietorshipfirm/

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12/12/2016

HowtoRegisterSoleProprietorshipFirminIndia

Proprietorship
Firm:Lesson3
November26,2016

How
to
RegisterSole
Proprietorship
Firm:Lesson2
November25,2016

First of all, we divided

business into 2 Categories
1.

Service Based Business:TheservicebasedBusinesscategoryincludesthe

businesslikeeCommerceMarketplace,ServiceBased
OnlineConsultancy,CabService,ClassifiedsWebsite,
WebsiteDevelopmentService,AppDevelopment
Service&manyotherservicesbasedbusiness.
[spacerheight=20px]

Benefitson500
or1000Rupees
Banned
November25,2016

Sole

ServiceBasedBusinessneedfollowing2Registration
inthecaseofsoleProprietorshipFirm

a) Service Tax Registration

ServiceTaxRegistrationisrequiredbythesole
proprietorshipwhentheycrossedtheturnoverof9lac

Proprietorship
FirmOverview:
Lesson1
November24,2016

rupeesinayearbutinthecaseofsoleproprietorship
firm,thereisaneedforservicetaxregistration
certificatebybanksInitiallybecauseyouhaveto
provideoneproofasabusinesslegalentitythatis
servicetaxregistrationcertificate.
ifyouconfuseonaboveservicetaxregistration
certificatethengotomyonlinecaandplacearequest,

Lesson1:
Differenceabout
Businessand
TaxRegistration
November20,2016

Lesson2:How
toChooseLegal
EntityinIndia
November20,2016

How
to

please.
[spacerheight=20px]
MustRead:HowtoApplyforServiceTaxRegistration.

b) Chartered Accountant
Certi cation
CharteredAccountantCertificationisalsorequiredby
thebusinessinthecaseofsoleproprietorshipfirm.
CharteredAccountantCertificationcertifiesthenature
ofthebusinessofthesoleproprietorshipfirm.
[spacerheight=20px]
[alertstyle=info]CompleteChecklistRegardingthe

http://legaladda.myonlineca.in/howtoregistersoleproprietorshipfirm/

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12/12/2016

HowtoRegisterSoleProprietorshipFirminIndia

ICICIBankCurrentBankAccountDocumentation[/alert]
Depositabove
2.5lakhCashin
yourAccount
November17,2016

How
to
Apply
for
RNIRegistration
Certification
November10,2016

[spacerheight=20px]

2.

Product basis Business:ProductbasisBusinessisrequired2typeofregistration

a) VAT/CST Registration:VATRegistrationinrequiredbytheallotherbusiness
entitylikecompanyorLLPwhenevertheirturnoveris

How
to
Changethe500
or1000Rupees
Note:Stepby
Step
November8,2016

crossed5lacRupees.thisisnotfixedlimitbecause
VAT/CSTisdependedonstaterulesbecauseitsalike
astatetax.Soineverystaterulesandregulationsis
differentforthelimitsandrates.VATCertificateisvery
helpfultoopenacurrentbankaccountwhenyouare
dealinginVATeligibleProducts.
[spacerheight=20px]
[alertstyle=info]MustRead:HowtoApplyfortheVAT
RegistrationinDelhi[/alert]

GovernmentE
Marketplace:
Registration
UltimateGuide
November8,2016

b)Chartered Accountant
Certi cation
CharteredAccountantCertificationisalsorequiredby
theProductbasedbusinessinthecaseofsole

open
a
currentbank
accountina
bankasSole
Proprietorship
October26,2016

Next

MOST VIEWED
POSTS

proprietorshipfirm.CharteredAccountantCertification
certifiesthenatureofthebusinessofthesole
proprietorshipfirm.

Documents Required in the

case of sole Proprietorship
Firm as Service Based
Business
1.PANCardofthesoleProprietor.

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12/12/2016

HowtoRegisterSoleProprietorshipFirminIndia

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2.IDProofandAddressProofofthesoleProprietoras
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registered.

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QuickStartGuide
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Myntra(19,654)

4.ifProprietorhasownedpropertytheitneedssalesdeed
copyorelectricitybills.
5.BankStatementcopyorcancelledchequecopy.
6.Somedocumentslikeundertaking&otherwhichis
preparedbythelegaladvisor.

Documents Required in the

case of sole Proprietorship
Firm asProduct Based
Business:1.PANCardofthesoleProprietor.
2.IDProofandAddressProofofthesoleProprietoras
AdharCard,DrivingLicenseorpassportetc.

Howtoregister
Sole
proprietorship
firminindia

3.RentAgreement,NoObjectionCertificationor

(18,503)

4.ifProprietorhasownedpropertytheitneedssalesdeed

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ExemptionLimit:
2016(16,092)
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requiredfor
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Registration
(15,820)

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YourCarwith
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Electricitybillsofthepropertywherebusinesswanna
registered.
copyorelectricitybills.
5.BankStatementcopyorcancelledchequecopy.
6.SecurityAmountorGuarantorsrequiredinsomestate
fortheVAT/CSTRegistration.InsomestatelikeDelhi,
thereisnosecurityrightnow.

Procedure for Register sole

Proprietorship Firm

10Stepsto
Registera
CompanyinDelhi

1.PreparedocumentsrequiredforsoleProprietorship

(11,531)

2.ApplyfortheServiceTaxorVAT

Registration.
3.GetServicetaxorVATRegistrationCertificate.

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12/12/2016

HowtoRegisterSoleProprietorshipFirminIndia

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4.Applyforacurrentbankaccountinanybankwithyour
completedocumentation.

How to Register Sole

Proprietorship Firm Online:1.PlaceaRequestonMyOnlineCA
2.MyOnlineCAstartupfriendlyteamwillconnectvia
call/mail/chat.
3.Helptounderstandingaboutlegalthingsforyour
startup.
4.Getthereasonablepricingand70%cheaperas
comparetotraditionalofflinelegalservices.

ALEXA RANK

5.Sendthemyourdocumentsviamailasscannedcopies
orimagescourierorthroughtheirpickupservice.
6.PayinInstallmentsandgetthefinalcertification.

Why Choose MyOnlineCA ?

ItisaStartupFriendlyOnlinelegalservicesinIndiaand
lovedbystartups.
Itsmadelegalatyourfingertipswithpassionatelegal
experts.
ItshasalargernetworkofCharteredAccountants,
CompanySecretaryandLawyersinIndia.
[alertstyle=success]LetsStartYourSoleProprietorship
Online[/alert]

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