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What is the procedure for the registration of sole proprietorship
07-Oct-2023 (In Startup Law)
I am planning to provide services of tally coaching in schools and colleges and want to issue LEGAL completion certificate to students. So now my doubts is :- 1. Can i proceed with sole proprietorship registration ? if yes than under how many departments i need to register my sole proprietor. 2. If i can't start with with sole proprietorship , what is the other best suitable and simplest way to open tally coaching ?
In the given instance, the purpose of a sole proprietorship is to represent a taxable entity doing such activity or business which is liable to be taxed under Indian tax laws. To answer your first question; yes, you can use a sole proprietorship for provision of coaching services. However, to answer the next part of your question I would need to know if the coaching entity would be working in affiliation with another or would be an independent venture.
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Adv. Arjan Sharma
Gurgaon | 25+ Answers
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