Registration of proprietorship firm providing services

This query is : Resolved

Sharad Maheshwari (Querist)
Follow

03 June 2014 I want to start a new proprietorship firm providing services of web development what should i do to register the firm so that i can start invoicing with firm name ?

shivaji prasad bhimavarapu

shivaji prasad bhimavarapu (Expert)
Follow

03 June 2014 For proprietary concern, generally no specific registration is required.But for opening of current accounts Banks are insisting such registration with any Government authorities. The options available are : 1. Labor license or2. Trade license with Municipal or Panchayath.The Third one is Service Tax registration, but unless the Gross receipts are expected to be morethan Rs.9.00 lakhs in a year,it is not advisable to go for Service Tax registration.
You can opt for labor licence or Trades/Establishments registration depending on the location of your office.

Message likes : 1 times