Starting your business with V-Register Startup at the helm is secure, affordable, and simple. We are committed to assisting companies, and startups begin and develop their businesses at a reasonable price.
We are a company of expert professionals engaged to serve any entrepreneur, company, or an individual who needs services to start their firm in the Indian sub-continent. We have strong relationships with all agencies like the Registrar of Companies, Commercial Taxes, Service Tax, Labour Departments, Directorate General of Foreign Trade, RBI and others to present our clients smooth and simple registration services and more.
A sole proprietorship, also known as a sole trader is a one man’s business that has no distinction between itself and the owner. Over the years, sole proprietorship has gained momentum making it the most preferred form of business in India by small business owners.
We are experts when it comes to sole proprietorship registration service and we will ensure your registration is smooth, easy, and trouble free. Additionally we can also assist with the registration of both Public and Private Liability Companies, One Person Company, Partnership Firms, Producer Company, Section 8 Companies and so much more.
A sole proprietorship is ran by one individual and this makes it easy for you to manage and make decisions. This guarantees timely decision making at all times.
It is very easy to register this type of business as very few documents are needed. The required documents include:
However, registration may become a necessity especially when the turn over limit is exceeded. The government requires complete registration of a sole proprietorship once a certain threshold in turnover has been attained. To ensure compliance, don’t hesitate to consult our expert team on this.
Sole proprietors are considered as a single entity and hence pay personal taxes. Unlike other businesses, you are always exempted from paying corporate taxes and this reduces the tax liability. However, tax registration is necessary for taxes such as VAT.
Liquidating your business is easy and fast as all that is required during winding up is cancellation of the entity’s name and tax registration details.
Registration of Sole proprietorships takes the shortest time and can be completed within a minimum of 2 days. Despite registration taking the shortest time possible, this solely depends on government procedures and approvals during the time of your registration.
Government’s registration fee starts at Rs.500 while professional fees start at Rs.2500 and the variance would be due to the type of business and even the requirements to be met while registering your particular business.
For consultation, schedule an appointment with our advisors or send an email to us.
This is a ten digit number that is required by any person(s) or entities looking to import goods into or export them out of India. This code is unique to a business or person and is valid for a life time. The Director General of Foreign Trade (DGFT), Ministry of Commerce and the Government of India are responsible for issuing and cancelling IECs.
When a company is said to have limited liability, it means that the liabilities of its owners are limited to a number of equity contributions that have been contributed by them. A private limited company combines the benefit of limited liability without government interference. The interference is limited because the company is privately funded.
The company also has a separate legal entity. Hence, it is an artificial person with a legal personality different from that of its owners.
Also, the benefit of having private investors without government approval is present. Take advantage of these benefits and register with us as we offer registration of private limited companies.