Business Startup

Proprietorship

Rs.2899

All inclusive price

Select Package

Proprietorship registration with GST registration and MSME registration along with business bank account opening and LEDGERS accounting software for providing estimates, invoices, tracking purchases, filing GST returns and generating GST eWay bill. Inclusive of government fee and taxes.
Proprietorship registration with GST registration and MSME registration along with business bank account opening and LEDGERS accounting software for providing estimates, invoices, tracking purchases, filing GST returns and generating GST eWay bill. Inclusive of government fee and taxes.
Proprietorship registration with GST registration and MSME registration along with business bank account opening and LEDGERS accounting software for providing estimates, invoices, tracking purchases, filing GST returns and generating GST eWay bill. Inclusive of government fee and taxes.

CONTACT US

Proprietorship Registration In West Bengal

Proprietorships in West Bengal are popular unregistered business entities that are owned, managed controlled by one person. Most of the small businesses that are operating in the unorganized sector prefer registering as a proprietorship in West Bengal. Sole proprietorships are simple to start and have very few regulatory compliance requirements for conducting the operation. Proprietorship registration is very ideal for entrepreneurs who are getting into the business for small businesses with few clients.

How to register for Proprietorship in West Bengal?

For registering a Proprietorship in West Bengal there are no formalities or registration. Just a business license is required by the central or the state government. In case if the business name is unique then it is better to also get a trademark registration.

Business Licenses:

Irrespective of the type of entity business licenses are required for any permit for any applicant who is registering a proprietorship in India. He should understand the regulatory framework that surrounds the activity he is wishing to do and obtain the relevant licenses.

Tax Registrations:

It is mandatory to obtain Tax registrations from the relevant Tax authorities it is based on the type of activity the proprietor is performing. GST Registration, professional tax registration, and ESI/PF Registration.

Trademark Registration:

As there is no registrar for the proprietorship firms, the proprietorships usually operate under any name unless the name is not conflicting with any trademark registration and the other rules and regulations. If the applicant wants to get the goods and services offered by him identified exclusively then it is always recommended to get a trademark registration done.

Post incorporation compliances for proprietorship registration in West Bengal

Similar to the LLPs and Private Limited Companies that are registered in India, proprietorships are required to file income tax returns. As the proprietor and the proprietorships are the same and the proprietorships registered in West Bengal would only file the income tax returns.

The income tax act states that all the proprietors below the age of 60 are required to file ITR only if the total income is exceeding Rs. 2.5 lakhs. If the proprietors are over 60 years and less than 80 years then the proprietor is required to file ITR only if the income is exceeding Rs.3lakh.

Proprietors over the age of 80 years are required to file the income tax if the income is exceeding Rs. 5 lakh.

With IndiaFilings you can get proprietorship registration in West Bengal and also helped several small and medium-sized firm to file their ITR. Get in touch with our experts today.

FAQ's

All you need to do is get in touch with our business consultants at IndiaFilings. Fill up the relevant forms, submit the necessary documents.
A proprietorship registered in West Bengal cannot be transferred to another person. The assets in proprietorships can be transferred to another person through sale.
As then proprietorship firm and the proprietor are not different from another, all the proprietorship firms in West Bengal have to file the Income-tax returns.
Proprietorship firms need to get a financial audit each year. However, a Tax audit is required in some cases based on the criteria and other factors.
There is no registry or regulation to register the name of the proprietorships. However, In case a business wants they can get a trademark registration to maintain the exclusive use of the business name.