About firm Registration

Firm Registration is basically called the Sole Proprietorship Registration. its required just only one person during the registration. if proprietor working in another company as employee then its a diffcult to register on his name so in that case you can register sole proprietorship firm in delhi on your family member name.
Firm Registration is the least complex. Firm Registration may be done as a Proprietorship Firm (sole Proprietor) or Partnership Firm (multiple partners). Low setup cost, Easy Compliances are some of the major advantage of registering a firm though liabilities of Firm are the responsibility of the Partners of the Firm and hence is not recommended for complex businesses.

Firm Registration in Delhi takes not more than 2 days time. Partnership Firm Registration in Delhi cost around Rs 1200/- and there are many company registration consultants in Delhi who does this job.

Features or Advantages of Firm Registration

• Easy to Start and Manage because its required only the one person for the registration.
• Easy to Close the Business if your business or idea will be failed.
• Less Compliance as Compare to Private Limited Companies and other business formation because you have to just file the tax returns only.
• Low Cost of Formation as compare to other legal entity because its need only the tax registration like

Document Required For Firm Registration

• PAN Card of the Proprietor. ( It’s a personal pan card copy, there is no separate pan card copy in case of firm registration in delhi)
• Aadhar Card or Voter id or Passport or Delhi Driving License of the Proprietor.
• Delhi NCR Electricity bills if business place have own property or rented ( there is no issue if electricity bill copy is on another person’s name or landlord name).
• NOC (No Objection Certificate) from another person ( if delhi NCR electricity bills copy is on other person name).