This form of business entity registration enables abrupt and accessible business decision making because a single person makes all the decisions. The Income tax charged on the acquistion of the proprietorship firm is as per the Individual tax rate since the proprietorship concern and the individual are treated as one as per Income tax. prominently, the proprietor is amenable for all the liabilities of the business. Proprietorship is profitable to a certain level of profits if you are expecting profits or income beyond that limit you can opt for LLP or Private Limited Company Registrations.
Get the Sole Proprietorship Registration in the most simplest and fastest way with Lawgical India Be your own Boss in just 5-6 working days, Sole Proprietorship Registration is done through Lawgical India can be done in Delhi NCR, Mumbai, Bengaluru, Chennai & all other Indian cities.
Read More about Sole Proprietorship Registration Online at: www.lawgicalindia.com
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