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Register and start your business instantly with no complex formalities and documents.
Once you have steady revenue, you can easy convert this into a pvt. ltd. company.
No mandatory annual compliance to follow, only file your GST returns and income returns.
You have full control over your business with complete liabilities and entire profit.
The Proprietor must be an Indian citizen and a Resident of India. Non-Resident Indians and can only invest that too with prior approval of the Government of India.
They only have to file their annual tax return like income tax return along with the GST returns. However, no annual report or accounts need to be filed.
Yes, there are procedures for converting your Proprietorship business into a Company or a LLP later but that is a bit time consuming.
No, the entire procedure is online. You only have to send us the scanned copy of your documents or can also be send through courier/speed post.
No, the Proprietorship firm and the Proprietor are one and the same. The PAN Card of the Proprietor will be the PAN Card of the Proprietorship business.Therefore, there will be no separate legal identity for the business.
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