The registration act, 1908 josh and mak international. A sole proprietorship or partnership is simple to set up, and less costly to administer as compared to a company. Registration means recording of the contents of the document. If you have established a partnership firm under this act, you may go for its registration. It lays down what documents require compulsory registration. Definition of sole proprietorship we can now define sole proprietorship as a business enterprise exclusively owned, managed and controlled by a single person with all authority, responsibility and risk. The registration of a business name under the partnership act. The preamble of the act states an act to consolidate that enactments relating to the registration of documents. The document is created before your eyes as you respond to the questions. The new rules will become effective from november 16, 2014. The object of registration is conservation of evidence and title. Registration of proprietorship firm lawyersclubindia.
It shall come into force on the first day of january, 1909. Sole proprietorship firm registration is single person firm registration i. A selfowned business can be register with any business name, provided its legal. Provisions relating to registration of documents under registration act. If you are using this online service on a shared computer in a public area i. The existence of sole proprietorship business is linked to the life of the proprietor. To start a sole proprietorship in india, all you need is a bank account. Whereas it is expedient to consolidate the enactments relating to the. Provided that the state government may exclude any district or tracts of country from its operation.
Form a registration of business name sole proprietorship page 1 of 8 form a registration of business names act, 1962 act 151 registration of business name sole proprietorship sections 2 instructions. Can i register this business under proprietorship and then later change it to pvt ltd. A sole proprietorship is an unincorporated business that is owned by one individual. How to register sole proprietorship india accounts forum. Sec 17 of indian registration act, 1908 legal service india. The continuity of business operation is therefore uncertain. Registration of documents advocatetanmoy law library. As a sole proprietor you would be fully responsible for all debts and obligations related to your business. There is no need to conduct general meetings and board meetings.
Indian registration act is an act to consolidate the enactments relating to the registration of documents. Provisions relating to registration of documents under. Sole proprietorship registration one person company needs to be registered under the new companies act, 20. Registration act, 1908 bare acts law library advocatekhoj. We require the following document to form a proprietorship firm or company. Section 2 in the registration act, 1908 indian kanoon. Fill out, securely sign, print or email your section 32a of registration act 1908 form andhra pradesh how to fill instantly with signnow. The object of such consolidation is the reduction in to a systematic form of the. This information package provides information on registering a business in british columbia. Proprietorship firm registration is also called a sole proprietorship firm or company which is register under the indian proprietorship act 1908. A business a sole trader or partnership registered under the business names act note. Sole proprietorship firm registration in bangalore. According to section 23 of the registration act, 1908, all documents except a will have to be presented for registration within 4 months from the date of execution. Definitions 1 part ii of the registration establishment 3.
Illness, death or insolvency of the owner brings an end to the business. It extends to the whole of india except the state of jammu and kashmir. Apr 12, 2011 i want to go for sole proprietorship registration. The registration act, 1908 is a consolidating act and not an amending act. In 2004, government made some significant amendments in the registration act 1908. Whereas it is expedient to consolidate the enactments relating to the registration of documents. Amendment act 48 of 2001statement of objects and reasons. One of the primary reasons for registration of a proprietorship is so the public can identify and locate the individuals. Whereas it is expedient to consolidate the enactments relating to the registration. The document in question in the present case was a mortgage deed which was not registered, although registration of such documents is obligatory under section 171 of the registration act, 1908. The registration act, 1908 contents part i preliminary sections page 1 short title, extent and commencement 2. In sole proprietorship form of business organisation there is a limit.
Registration means recording of the contents of a document with a registering officer, and. If you are registering a trade name or sole proprietorship, use the declaration of trade name pdf, 152 kb. To establish a new business or register an existing. In this act, unless there is anything repugnant in the subject or context. Proprietorship firm registration online sole proprietorship. Sole proprietorship, steps how to start a sole proprietorship.
Full text containing the act, registration act, 1908, with all the sections, schedules, short title, enactment date, and footnotes. Registration does mean entry in official record in the office authorized by government. Registration act, 1908 contents part i preliminary sections preamble 1. Xvi of 1864, or the indian registration act, 1866 42, or the indian registration act, 1871 43 or the indian registration act, 1877 44, or this act. Amendment act 45 of 1969statement of objects and reasons. A creditor with a claim against a sole proprietor would normally have a right against the sole proprietor s assets, whether business or personal. Rules under the registration act, 1908 as applicable in.
We assist in setting up of business of prospective entrepreneurs offering various options depending upon the need. If pdf forms do not open in the latest versions of firefox and chrome, click here for the solution. Definition part ii of the registration establishment 3. Information on registration of proprietorship thank you for your request on how to register a proprietorship in british columbia. The registration act, 1908 part i preliminary of the. Sep 24, 20 25 september 20 in india we register the proprietorship which is also called a sole proprietorship firm or company which is register under the indian proprietorship act 1908. Registration of documents under the registration act, 1908. This is a quick summary of how to set up a sole proprietorship or partnership. The registration act 1908 act xvi of 1908 as amended upto date. Short title, extent and commencement 1 this act may be called the 1 registration act, 1908. In terms of the transfer of property act, 1882 read with the registration act, 1908 all gift deeds of immovable property are compulsarily registrable. The registration declaration mention all information in respect of proprietorship firm as name of the firm, address, proprietor detail.
Go to a bank, open a bank account in the name of the company that you wish to operate in and you are on. There is declaration is registered under the indian registration act, 1908. In india, we register the proprietorship which is also called a sole proprietorship firm or company which is register under the indian proprietorship act 1908. At the end, you receive it in word and pdf formats. Registration act, 1908 the registration act, 1908 act no. The owner of a sole proprietorship has sole responsibility for making decisions, receives all the profits, claims all losses, and does not have separate legal status from the business. Proprietorship or partnership firm registration rabba mainu. Sole proprietorship as a business structure for startups for anyone wishing to start a business of their own the primary issue of the greatest importance is the legal skeleton they wish to chose upon which they wish to prop up their business. Registration act, 1908 xvi of 1908 18th december, 1908 an act to consolidate the enactments relating to the registration of documents preamble. After getting the respective licenses as per the sole proprietorship business. The registration declaration mention all information in respect of proprietorship firm as name of the firm, address, proprietor detail and nature of business. Download the free adobe acrobat reader protecting your information. There is no act like indian proprietorship act 1908 but there is an act indian partnership act 1932.
Sole proprietor information type or print federal identification no. It will replace the bangladesh registration rules, 1973. The registration act, 1908 is having object of proper recording and registration of documentsinstruments, which give them more authenticity. It extends to the whole of pakistan except such districts or tracts of country as the provincial government may exclude from its operation. The proprietorship does not require any registration under law. Proprietorship firm is to be registered under establishment. This act has been declared to be in force in british balochistan by s.
Firm registration in india we register the proprietorship which is also called a sole proprietorship firm or company which is register under the indian proprietorship act 1908. Doc brief idea on registration act, 1908 mahamudul. The registration of partnership firm is done by the regional registrar of. The most secure digital platform to get legally binding, electronically signed documents in just a few seconds. May 19, 2011 proprietorship firm registration prop. If the buyer s is are not present before the sub registrar, the following request should be signed. The registration act, 1908 was enacted to consolidate the law relating to the registration of documents. Section 32a of registration act 1908 fill out and sign.
Ontario central forms repository form identification. Section 17 of the indian registration act 1908, deals with the documents that are compulsory to be registered. British indian provinces and, after the coming into force of the constitution, to the. Ministry of law, justice and parliamentary affairs on october 27, 2014 published the new bangladesh registration rules, 2014. If you are a sole proprietor, your registration application can not be processed without a properly executed affidavit. Transfer of property act, 1882 or section 171a of the registration act, 1908, and hence, an agreement to sell does not require registration. If you are registering a partnership, use the declaration of partnership pdf, 155 kb and, if needed, the special authority to execute a declaration pdf, 2. The scheme of the act is to consolidate the law relating to registration and to provide for the establishment of its registration. There is nothing as proprietorship registration on paper.
If yes where do i register this firm is it under shop and establishment act under labor office or is it under roc. Xvi of 19o8 for proceedings in council, see gazette of india, 1908, part vi, pages 148, 154 and 182. The registration act, 1908 stamps and registration. Overview the third is offered by the department of cooperatives and friendly societies dcfs. Bangladesh registration rules 2014 published ogr legal. For business or legal advice you should go to a small business consultant or a lawyer. The registration act 1908 16 of 1908 as applicable in maharashtra an act to consolidate the enactments relating to the registration of documents whereas it is expedien t to consolidate the enactments relating to the registration of documents. Broadly there are 4 types of legal structures that can be chosen when one wishes to start their business. Powerofattorney recognisable for purposes of section 32. Enquiry before registration by registering officer. Sole proprietorship as a business structure for startups. Contact 09911887155 for registration of sole proprietorship proprietorship firm company registration under indian proprietorship act, 1908, procedure to register the sole proprietorship proprietorship firm company registration, documents require to register the proprietorship, where to register the proprietorship, online proprietorship registration procedure, proprietorship. Sole proprietorship registration, llp company formation registration, one. An act to consolidate the enactments relating to the registration of documents.
Sep 05, 2015 under section 6, act xvi of 1908, as amended by act iv of 1914, all permanent appointments in the office of the district registrar are made by the local government and the power of appointing subregistrars has been delegated by the local government to the inspector general of registration. Definitions part ii of the registration establishment 3. How to start and operate a sole proprietorship in india quora. If a document is executed by several persons at different times then that document has to be presented for registration and re registration within 4 months from the date of each. Business names registration is much cheaper, simpler and a more appropriate form of registration for small businesses a. The affidavit is required by the oklahoma taxpayer and citizen protection act, specifically title 56 o. Business registration act chapter 1 preliminary introduction and name 1. Registration under the registration act, 1908 pdf almost every state has modified the central registration act 1908 as per local requirements, we shall discuss general and universal provisions in this article. Meetings exempted from conducting general meetings and board meetings. Make payment online we will assign a dedicated manager to service your requirement, once the payment is done send the required documents via email as a scanned copy or pdf via whatsapp. Corporate formation of company or noncorporate partnerships or sole proprietorship formation of trusts or society as per the merit of proposal.
The registration act, 1908 selections particulars page part i preliminary 1. Indian registration act, 1908, the registrar of a district in which any. No legal presumption would arise from the registration of a document as regards legality of its executionprovision of s. Sole proprietorship does not require separate registration. Start a free trial now to save yourself time and money. Plz provide me the procedure and the documents required for the registration of firm its very urgent. I want to register the firm under indian properitorship. Following are the definitions prescribed in this act. Registration is not by itself absolute proof of the execution of a document.143 632 1260 207 1034 539 373 620 478 1080 1465 1138 874 486 174 25 564 1201 871 817 937 436 1051 764 620 738 1194 963 952 1193 1178 1030 975 539 649 391 245 559 1361 818 907 110 330 18 1 455 35 1491