• +91 7276677272
  • +91 7877877100
  • Shop No-47, 6th Floor, K.K. Market, Dhankwadi, Pune, 411043

Shopact

  •   Monthly EMI Option Available
  •  Digital Signature for Two director (DSC)
  •  Directors Identification Number (DIN)
  •  Name approval of the company
  •  Articles of Association (AOA) and Memorandum of Association (MOA)
  •  Issuance of Certificate of Incorporation
  •  PAN & TAN of Company & Bank A/c Opening

Get Complementary Kit Worth Rs. 5,000 /-

What is shopact?

Proprietorship:

Proprietorship is business handled and controlled by a person independently. It is one of the unorganized business structure which does not have registration under any act. Proprietorship has been recognized by other registrations Like, Shop Act, Udyog Aadhar and GST registration. Since it has no recognition the liability of owner remains unlimited in nature.

    Advantages:

  • Single Owner:Proprietorship is managed and controlled by individual on his name, so Ownership remains with himself/herself until the existence of business. Owner is whole-time boss of his/her business.
  • Easy to Register:
  • Lesser Registration Fees:
  • Tax rebates
  • Cheaper infrastructure
  • Access to tenders

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Required Document

Document Name Document Description
Photographs
  • Two colour photograph of directors / shareholders.
Identity Proof
  • Identity Proof of each director, (Aadhar Card, Passport, Driving License or Voter ID Card).
No objection certificate
  • No objection Certificate from the owner of premises where registered office of the company shall be situated.
PAN Card of Partners
  • Pan Card of each partner, The name must match with IT Database.
Proof of the registered address
  • Proof of the address

Frquntly Asked Question

Any person having PAN can register proprietorship business. Under this form of business GST registration can be taken along with current account. Bank may ask for Shops & Establishments Registration as business proof.
5 days enough to register a proprietorship, Shops & Establishment (Shop Act) and GST registration can be obtained in the said period of time.
Only Current Account is required apart from Shop act and GST.
Yes it can be closed immediately upon closing of GST and Bank Account.
Since proprietorship has unorganized business structure, it does not give protection to band name, however proprietor can protect his brand name by registering trademark on the same name.

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