Documents Required
PAN Card
Aadhaar Card
Proprietorship Registration In Lakshadweep
Proprietorship Registration including GST and Udyam Registration.
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Documents Required For Proprietorship Registration In Lakshadweep
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Proprietorship Registration In Lakshadweep 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 Lakshadweep 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 Lakshadweep 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.