SHOP LICENSE (GUMASTA)
Sole Proprietorship is the simplest and cheapest form of starting and running a business in India
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SHOP LICENSE (GUMASTA)
Sole Proprietorship firm is owned by a single person termed as proprietor.
This business does not have any separate identity under the law. It can also be operated under the name of its proprietor.
Sole Proprietorship firm is only suitable for small merchants and traders who find it difficult to bear the cost and compliances involved in organized sectors such as Private Limited companies.
Liability of Sole Proprietorship firm is unlimited and it also doesn’t have perpetual existence.
BENEFITS OF SOLE PROPRIETORSHIP FIRM
- Less compliances as compared to a Private Limited or LLP
- Easy to start up and close
- Simpler platform of doing business in India
Why Us
- A full consultation to understand your requirement and to explain you the process from end to end
- All the paperwork needed to file your Income Tax return; we will keep you informed about the entire process and progress.
- We help you with all the processes and procedures needed for your Income Tax return.
