When you start a business individually without other's partnership then that business can be termed as Sole-proprietorship. And the business person who starts this sole proprietorship is known as the sole proprietor.
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When you start a business individually without other's partnership then that business can be termed as Sole-proprietorship. And the business person who starts this sole proprietorship is known as the sole proprietor. This business is also termed as a sole proprietorship firm. It is basically a type of unregistered business that is handled by one person. It is used by most of the start-ups and also by most of the small scale business which is operating in India. The tax rate is quite low in a sole proprietorship, hence every start-up runs on a sole-proprietorship basis until they get stabilized and the owners and partners increase.
Some complimentary registrations that you may need for Sole-proprietorship?
1) GST registration: The proprietor should opt for GST registration if he is selling goods or services that cross the GST turnover's threshold value for registration.
2) MSME or Udyog Aadhaar registration MSME or Udyog Aadhaar registration has to be obtained in business name to establish that sole proprietorship is registered with the Ministry of Micro, Small, and Medium Enterprises. It also adds some added-advantage for running your business smoothly.
3) Other Registrations Other types of registrations like FSSAI, TAN, IE Code, DS, etc. should be taken into consideration based on the type of service we provide be it importing exporting, or be it the supply of food, etc.
Pricing
At Accupay, we believe in providing clear and flexible pricing options tailored to your business needs.
Hire employees in 100+ countries where you don't have entities
$10 - monthly
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$ 20 - monthly
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$40 - monthly
Why Accupay
Your dependable guide to achieving freedom from manual HR work and building that perfect workplace you have always aspired to build. Your dependable guide to achieving freedom.
With reliable commission payments and support for both employees and independent contractors, Gusto takes the complexity out of payroll for real estate.
Effortlessly manage your properties with our professional property management services. From tenant relations to maintenance,
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Navigate real estate transactions with confidence. Our team facilitates smooth buying, selling, or leasing processes,
Streamline lease management with our lease administration services. We handle documentation, renewals,
Why Accupay
Your dependable guide to achieving freedom from manual HR work and building that perfect workplace you have always aspired to build. Your dependable guide to achieving freedom.
FAQs
AccuPay offers a comprehensive suite of services, including accounting, payroll processing, tax preparation, financial advisory, and global payroll solutions.
AccuPay offers a comprehensive suite of services, including accounting, payroll processing, tax preparation, financial advisory, and global payroll solutions.
AccuPay offers a comprehensive suite of services, including accounting, payroll processing, tax preparation, financial advisory, and global payroll solutions.
AccuPay offers a comprehensive suite of services, including accounting, payroll processing, tax preparation, financial advisory, and global payroll solutions.
AccuPay offers a comprehensive suite of services, including accounting, payroll processing, tax preparation, financial advisory, and global payroll solutions.
AccuPay offers a comprehensive suite of services, including accounting, payroll processing, tax preparation, financial advisory, and global payroll solutions.
AccuPay offers a comprehensive suite of services, including accounting, payroll processing, tax preparation, financial advisory, and global payroll solutions.
Testimonial
Startups thrive with AccuPay. Their flexible payroll solutions have been instrumental in our journey, providing the support
Goods and services Tax
Best Payroll Services Provider by My Legal Filings, Accurate, Timely, and Compliant Payroll Solution
Amit Singh
EG Shoppsers
Employee Provident Fund Registration
Trademark Registration
TDS Return Filing
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