How do I register a company as a sole proprietorship
Sole proprietorship are not required to be registered with the government. To register a company as a sole proprietorship However, depending on the nature of the business and its operations, there may be certain registrations and licenses that the proprietorship needs to obtain in order to operate legally. Some of the registrations and licenses required for a sole proprietorship in India are as follows:
For more information visit this site: https://www.mca.gov.in/
Goods and Services Tax (GST) Registration: A sole proprietorship with an annual turnover exceeding Rs. 20 lakhs (as of May 2023) are required to obtain GST registration. GST is a tax levied on the supply of goods and services in India.
Shops and Establishments Act Registration: If a sole proprietorship has a physical place of business, such as a shop or an office, it may be required to register under the Shops and Establishments Act. This registration is necessary to obtain a trade license and comply with relevant labor laws.
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