SOLE PROPRIETORSHIP REGISTRATION
IN VIJAYAWADA

Establish your business identity with less cost and minimal paperwork through proprietorship registration in Vijayawada.

ABOUT US

Cqubes was founded in the year 2014 by CS Hema chand Kode, with a mission to empower entrepreneurs seamlessly set up their businesses and effortlessly manage compliance with ease, accessible to all.  

Proprietorship Registration in Vijayawada

Proprietorship registration is the easiest type of business registration to start business for single owners with minimum compliance in Vijayawada. Sole Proprietorship is suitable for who are in business themselves like professional people, skilled workers, local business, consulting, manufacturing and other businesses.


Types of proprietorship:

Registered Proprietorship
This type involves registering the proprietorship under government regulations, which can offer certain legal benefits and protections.
Unregistered Proprietorship
This type operates without formal registration and is typically simpler to start but may lack some legal advantages of registration.

Additional registrations(if required):

Goods and Service Tax (GST)
One can register to GST for providing GST Invoice and benefit ITC.
Udyam Registration (MSME)
Helpful for Micro, Small & Medium Enterprise to obtain various benefits provided by the government for their establishment and growth.
Importer Exporter Code (IEC)
mandatory for firms which import to India or export from India.
Digital Signaure (DSC)
Digital Signature Certificate is an electronic, secure and authentic way to submit documents electronically for e-fillings, Govt.tenders.

Advantages of Proprietorship:

As the sole proprietor has single owner it has many benefits in operating and managing the business. we are mentioning few of them:

  • Affordable and Simple
  • Easy to form
  • less Paper work
  • Full control over business
  • Simple taxation
  • Direct Business management

Limitations of Proprietorship:

Sole proprietorship has few limitations. Few of them are:

  • Dependent on Owner
  • Unlimited liability
  • Harder to raise funding
  • Business continuity after death
  • Higher tax slabs
  • Dependent Business management

Process for registering Proprietorship in Vijayawada:

Choose a Business Name
Select a unique name for your proprietorship.
Business Address Proof
Obtain passport size photo, proof of the business address (e.g., utility bill, rental agreement) where the proprietorship will operate.
Receive Certificate
Once processed, you will receive a proprietorship registration certificate. This certificate serves as proof of the existence of your business entity.
Open a Bank Account
Open a current account in the name of the proprietorship with any bank of your choice.

Documents Checklist:

Following documents are required for registering sole Proprietorship in Vijayawada:

  • Proprietor's Aadhar Card & PAN Card
  • Address proof (e.g., utility bill, rental agreement)

Start registering your proprietorship in Vijayawada with Cqubes

Choose CQUBES to guide and register your proprietorship registration in Vijayawada, either for your new business venture or formalizing an existing venture. Our dedicated team will navigate you in obtaining essential registrations, certifications and compliance in every step of your business growth.

FAQ's THAT HELPS YOU

A sole proprietorship is the simplest form of business entity where a single individual owns and operates the business. Unlike partnerships or corporations, there is no legal distinction between the owner and the business entity itself. The owner is personally liable for all debts and obligations of the business.

In a sole proprietorship, the owner has unlimited personal liability. This means that the owners personal assets, including savings, property, and investments, are at risk to meet business obligations and debts. Unlike corporations or LLPs, there is no separate legal entity to shield the owner from personal liability.

While a sole proprietorship is easy to start and operate, it may face limitations in terms of growth and expansion. The business is reliant on the owners resources, skills, and availability. Expanding operations, raising capital, or attracting investment can be challenging compared to other business structures like partnerships or corporations.

No, registration of a sole proprietorship is not mandatory in India. You can start and operate a sole proprietorship under your own name or under a trade name without any formal registration. However, depending on the nature of your business, you may need to obtain licenses or permits from local authorities or regulatory bodies to comply with specific laws and regulations.

EXPLORE OUR SERVICES

Start your entrepreneurial journey easier and better by partnering with Cqubes for all your business compliance from registration to accounting.

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TEAM

cs_kode_hemachand_cqubes_founder
Hema chand Kode
ACS, LLM
kanadurga_ch_cqubes_founder
Kanaka Durga CH
LLB, TRADEMARK CONSULTANT

Let us together lay foundations for future

Experienced & Certified Professionals

10+ Years of experience

Visionary Leadership

Reach us

2(B), First Floor, Gurananak Colony, Teachers Colony, CA, CS, GST and IT consultant in Vijayawada - 520008.

cqubes@gmail.com