Sole Proprietorship Firm Registration is Single Person Firm Registration i.e is the main objective is Open Current Bank Account on the Name of Business so it’s a simply firm which is enable doing business in India with Less Compliance and Less Costing. a Sole Proprietorship Firm require minimum 2 Legal Entity Proof for open a Current Bank Account.
DOCUMENTS REQUIRED FOR COMPANY REGISTRATION
Passport Size Photo(5)
PAN Card
Residence Proof
Bank Statement
Electricity Bill
Rent Agreement
3 Affidavits (Each Director)
Digital Signature(DSC)
PROPRIETORSHIP FIRM RULES
1. Require minimum 2 directors or partner. 2. Authorized Share Capital: 1 Lakh Rupees ( It’s just a share proposed value, doe’st not mean you have to invest 1 lakh rupees)
After your company registration done, we will provide you all the DSCs and documents related to private limited company registration.
BENEFITS OF COMPANY REGISTRATION
# There are various motivations to pick private limited company registration
# Favored by banks, financial specialists and VCs
# Easy to allocate and redistribute shares to investors or other directors
# Simple to distribute shares to shareholders or directors
# It is a distinctive legal entity that control your liability
# It offers benefits of Public limited Company and suppleness of partnership firm
# It is simple to register and maintain
# Simple to close or dissolve
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