Proprietorship Firm
A sole proprietorship is one of the simplest and most popular business structures for individuals looking to start their entrepreneurial journey. At LCT, we provide end-to-end support for setting up and managing proprietorships, ensuring a smooth and hassle-free experience.
Why Choose Our Proprietorship Services?
- Easy Setup: We streamline the entire registration process, helping you get started quickly.
- Cost-Effective: With minimal compliance and affordable setup, a proprietorship is ideal for small businesses.
- Personalized Assistance: Our experts guide you through every step, from registration to compliance.
Our Proprietorship Services Include:
- Business Name Registration
- GST Registration for Proprietorship
- Udyam (MSME) Registration
- Trade License Assistance
- Bank Account Opening Guidance
- Income Tax Filing and Advisory
- Compliance Support and Annual Filings
Steps to Register a Proprietorship:
- Consultation: Understand your business requirements and guide you through the process.
- Name Selection: Help you choose a unique business name.
- Document Preparation: Assist with preparing and submitting required documents.
- GST Registration: Apply for GST registration, if applicable.
- MSME Registration: Complete Udyam (MSME) registration to avail benefits.
- Final Setup: Ensure the proprietorship is registered and ready to operate.
Benefits of a Proprietorship:
- Complete Control: The proprietor has full ownership and decision-making power.
- Low Compliance: Fewer regulations compared to other business entities.
- Tax Benefits: Tailored tax advisory to reduce liabilities.
- Easy Closure: Simplified process in case of discontinuation.
