A sole proprietorship firm is ideal for those, who want to start a business with the lowest capital and it can be started with a single natural person. It has a very short registration procedure because it does not have any special Act or law.
According to the Dictionary, Custody is the legal right to keep and look after a child, especially the right given to a child's mother or father when they get divorced. The custody of a child after the divorce or the judicial separation of the parents is a burning issue and is one of the most critical issues on which the court must decide.
In the last few years, the institution called marriage has declined in the country. For small reasons, married couples start going around the court. Due to this, divorce cases are also very high in the courts. Divorce separates the way of husband and wife, but if they have a child, it has the most significant impact of divorce parents. Also, some children bear the pain of broken relationships throughout their lives.
After the divorce, the decision of which parents the child will remain with is sometimes made by mutual consent, while sometimes the court decides in this regard. The Family Court gives a decision regarding the custody of the child after hearing the parents' side
VAKIL KARO legal experts help to register the proprietorship firm and its time to time compliance. VAKILKARO has legal expertise in other Registrations, Legal Compliance, PAN card &TAN card of the firms or company, ESI & EPF of firms or companies, and OPC, private limited company, limited liability partnerships.
Sole Proprietorship firm has no legal existence, therefore Individual Income tax slab rates are applicable on the proprietorship firm as ITR filed on the Proprietor’s PAN Card basis.
Except for Regular GST, the Sole Proprietorship firm does not need to file any monthly Compliances.
Compared to other business registrations like a private limited company, Sole Proprietorship is less expensive.
A sole Proprietorship firm can easily be converted into One Person Company, a Private Limited Company, Limited Liability Partnership, etc.
Sole Proprietorship firm has fewer Compliances unlike Private Limited Company or Limited Liability Partnership etc.
PAN CARD of the proprietor is mandatorily required
Any proof of identity like Aadhaar Card/ voter id card/driving license of the proprietor is mandatorily required
The client has to be provided at least one Trade name.
The proprietor must have their photos, mobile number, valid emails.
The client has to provide Office Address proof like Rent Agreement/Property papers with the latest electricity bill.
*In case of NRI or Foreign National, documents of director (s) must be notarized.
Sole Proprietorship firm can only be Started by a “Natural Persons” like Ram, Shyam etc. and an Artificial like a Company can not start the Sole Proprietorship firms, hence Sole Proprietorship firm can only be registered by the natural Person.
All Business has its own Separate Current Account, no any business can be operated by saving accounts, hence sole proprietorship firm should also be operated by the separate current bank account to maintain its daily routine transaction and good keeping of business records.
VAKIL KARO also supports to opening a bank account a free of cost.
The Firm’s life is unlimited until you surrender its certificate. There are some renewal requirement of licenses like FSSAI, SHOP ACT etc.
Yes, any time it can be converted in to private limited or one person company by the legal provisions.
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+91 9828123489
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Small Taxes
No Monthly Compliances
Less Expensive 
Easily Conversion
+91 9828123489
help@vakilkaro.co.in