This kind of entity is best sited for individuals who want to start and manage a business in their own name single handedly. There is no particular registration requirement to create a proprietorship.
SelectThis type of entity is best suited for two or more Individuals who wants to limit their Legal and Financial liability and also seeking to build credibility. It is a primary choice of Investors/Banks to fund/loan any Startup.
SelectBest suited to an individual seeking to limit his Legal and Financial liability, but do not want to introduce any second person into the company. This entity has lesser legal compliances but not preferred by Investors/Banks.
SelectBest suited to two or more individuals seeking to limit their Legal and Financial liability, has fewer legal compliances and annual audit is required only if turnover exceeds 40 lakh or contribution is above 25 lakh.
SelectBhanu 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.
Founder, Addensure Media LLP
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.
Founder, Onmytap- NETWORK FOR PROFESSIONAL GROWTH
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.
Co-founder, Executive - Brightsandz Clean Tech Pvt Ltd