What We Do
Sole Proprietorship Firm Registration in Prayagraj
By Apramada
Services Offered
What is a Sole Proprietorship?
A sole proprietorship is the simplest form of business, owned and operated by a single individual. It is especially popular among small traders and merchants in the unorganized sector. This structure is easy to establish and involves minimal regulatory formalities. However, it does not provide limited liability protection or a separate legal identity.
Easy to Start
Requires minimal setup and legal formalities.
Low Compliance
Only basic tax filings are required.
Cost-Effective
Startup and operating costs are very low.
Tax Efficiency
Income is taxed as individual income—no separate business tax.
Ideal for Solo Entrepreneurs
Perfect for small or home-based businesses.
Simple to Close
Dissolution is straightforward, requiring only the cancellation of tax registrations.
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Our Process
Required Documents
- PAN card and ID/address proof of the proprietor
- KYC documents
- Rent agreement or property ownership proof
Registration Steps
- Collect required documentation
- Apply for GST or other applicable tax registrations
- Obtain the relevant certificates
- Open a current account in the business name
- Begin operations upon receipt of registrations