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Summary

    • Best sited for individuals.
    • Complete control of Ownership.
    • No specific registration
    • Best suited for individuals.
    • Complete control of Ownership.
    • Less statutory compliance
    • Best suited for Startup’s.
    • Most preferred for funding
    • Credible, due to compliance formalities.

Liability

  • Personal Liability
  • Limited to Business Investment
  • Limited to Business Investment

Number of Owners

  • Single Owner
  • Single Owner
  • Min: 2 Max: 200

Income Tax Rate

  • Individual Tax Rate
  • 22%
  • 22%

Statutory Audit

  • Individual Tax Rate
  • Required
  • Required

Setup and Compliance Cost

  • Low
  • Medium
  • Medium

customer stories

Ashwani Soni

Bhanu is a person to count upon, with his expertise in his domain and knowledge he brings on you can reach him with a problem any time.His appetite to listen and understand the issue makes him the man for the job. He is proactive, energetic and a resourceful guy. My best wishes to Bhanu and Provenience for future endeavour.

Ashwani Soni
Founder, Addensure Media LLP
Amit Tyagi

Provenience is perfect to partner with in your startup or corporate journey. Seamless service and support provided by team is really helpful specially when you are trying to setup your venture. I would like recommend Provenience to every startup.

Amit Tyagi
Founder, Onmytap- NETWORK FOR PROFESSIONAL GROWTH
Kiranjeet Kaur

Bhanu is one of the most sincere and trustworthy person I have come across. He is extremely ethical and is completely customer focused. His hard work and dedication is commendable and with him handling the legal as well as taxation things are always in order and compliant. Keep up the good work Bhanu. Wishing you more and more success as you grow.

Kiranjeet Kaur
Co-founder, Executive - Brightsandz Clean Tech Pvt Ltd

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