SERVICES OFFERED
Business Startup / Setup
Taxporium offer assistance with entity registration throughout India. There are various types of entities that can be established in India, such as Sole Proprietorship, Partnership. Private Limited, Public Limited, LLP, OPC, etc. The decision is up to you as per your business requirement, but if you’re unsure about which option is suitable and profitable for your business, don’t worry. Taxporium will provide guidance on all matters related to entity registration.
Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur.
Types Of Entities
- Sole Proprietorship
- Partnership Firm
- Private Limited Company
- Public Limited Company
- Limited Liability Partnership
- One Person Company(OPC)
Cost
of Work
What is Sole Proprietorship?
It is the most basic type of business structure where an individual can run a business. This refers to a situation where a person owns and is personally liable for any losses incurred by the business.
Because it is simple, the sole proprietorship is a widely chosen type of business structure. It is easy to set up and has low costs associated with it.
Who can apply for Sole Proprietorship?
The process of applying for sole proprietorship in India is open to anyone and is considered the simplest form of business. Unlike other business structures, there are no specific laws governing sole proprietorship, making compliance requirements minimal and easy to meet. This type of business is suitable for individuals with limited resources who wish to start a business, and it can be established relatively quickly within a span of 10-15 days. Additionally, as a sole proprietor, you have complete control over the business.
What are the Advantages of Sole Proprietorship?
- Economical and easy setup
- Not much regulation
- Full control over business
What are the Disadvantages of Sole Proprietorship?
- The owners are responsible for any financial deficits, obligations, and debts associated with the business.
- No scope for bringing in liquidity by selling part ownerhip
Documents Required
- PAN Card
- Aadhar Card
- UDYAM
- MSME
- Address Proof (if Owned : Utility Bill/ if rented : NOC from Landloard)
What are the Compliances required?
- Annual Income Tax Return Filing
- Montly/Quarterly/Yearly GST Filing as case may be
- Deduction & filing of TDS/TCS if accountable for Tax Audit
What is Partnership Firm?
A partnership is a significant type of business arrangement, involving two or more individuals who join forces to establish a business and distribute their earnings according to an agreed-upon ratio. Creating an association is a straightforward process and requires minimal adherence compared to running a business.
Sed rhoncus facilisis purus, at accumsan purus sagittis vitae. Nullam acelit at eros imperdiet pulvinar velut nisl. Pellentesque sit placerat neque amet sapien semper tempus. sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Sed rhoncus facilisis purus, at accumsan purus sagittis vitae. Nullam acelit at eros imperdiet pulvinar velut nisl. Pellentesque sit placerat neque amet sapien semper tempus. sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Sed rhoncus facilisis purus, at accumsan purus sagittis vitae. Nullam acelit at eros imperdiet pulvinar velut nisl. Pellentesque sit placerat neque amet sapien semper tempus. sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Sed rhoncus facilisis purus, at accumsan purus sagittis vitae. Nullam acelit at eros imperdiet pulvinar velut nisl. Pellentesque sit placerat neque amet sapien semper tempus. sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
