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Registration of Proprietorship Business
With our Taxteam's assistance, you can register your sole proprietorship. Just make one phone call, send an email, or drop a message, and Taxteam, one of India's top service providers, will help you register your business online or offline anywhere in the country.
Registration of your Proprietorship business
A sole proprietor runs, manages, and owns the business. The proprietor has control over the company's activities, capital structure, and management. Registering your business does not require a deed or an agreement. The proprietor is entitled to keep all of the business's gains while bearing all of its losses. The proprietor is exposed to no limits on liabilities.
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Google Review
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Experts Staff
25
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Years of Experience
Benefits
Advantages of starting a Proprietorship business
01
Easy Formation
Many young entrepreneurs choose sole proprietorship to grow their startups due to its simplicity.
02
Inexpensive Management
It involves minimal setup costs and no need for specialized staff.
03
Decision Making Power
One person runs the business, simplifying decisions and operations.
04
Less Legal Compliances
Compared to other business types, proprietorships require minimal legal work.
Faq's
General frequently asked questions
Have questions? Our FAQ section covers common queries to help you find quick and clear answers.
Have Any Question ?
Starting a sole proprietorship business requires just one person, who owns and
operates it.
You do not need to have a minimum capital when starting a proprietorship firm.
The main disadvantage of sole proprietorship is unlimited liability, where the owner's
personal assets are at risk.
Yes, an unlicensed proprietorship firm has the ability to sue third parties on behalf of
the proprietor.
No, registering as a sole proprietorship is not required in India.
Testimonials
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Know MoreIt was an overwhelming experience to have been associated with Taxteam. Mr. Thyagarajan and his team ensured that all our approvals were obtained on time and he was just a call away in case of any assistance required
They have adequate staff to attend to various set of customers. We would also like to reiterate that we have disciplined ourselves in some grey areas after associating with them due to their regular and periodical advice and support.
We are working with Taxteam for almost a Decade. Excellent team, timely follow-up on deliverables. Committed and dedicated CEO Mr.Thiyagarajan, very patient and humble person. Glad to be associated with Tax team
