sole proprietorship business
Hemant agarwal (Student) (28 Points)
16 February 2018Hemant agarwal (Student) (28 Points)
16 February 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174857 Points)
Replied 16 February 2018
No specific act, but as such it is registered with shop & establishment act, PT act, MSME registration, GST act, etc.... whiever act applicable to the business.
May refer: company-registration.in/sole-proprietorship
Shrijay Sheth
(Co-Founder)
(2692 Points)
Replied 20 February 2018
There is no specific Act governing the existence and operations of the business as proprietor in India. However, in order to provide the proof of existence, the registrations such as MSME, GST Registration are taken by the proprietors. Further, mandatory registration such as Shop & Establishment and Professional Tax shall be obtained from local government.
Please refer the blog at below link at:
Starting Business as Sole Proprietor – Popular Business Type
Also, get assistance from team LegalWiz.in for establishment of your business at 8980685509 or support @ legalwiz.in. Visit https://www.legalwiz.in/proprietorship-firm to register your Sole Proprietorship Firm.
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