Registrations

Proprietorship Registration: For solo business owners.
Partnership Firm Registration: For businesses run by two or more partners.
LLP (Limited Liability Partnership) Registration: For partnerships with limited liabilities.
Private Limited Company Registration: For companies registered under the Companies Act, with separate legal identity.
One Person Company (OPC) Registration: For single entrepreneurs wanting company benefits.
Documents Needed:
Identity proof (Aadhar, PAN).
Address proof (Utility bills, rent agreement).
Business proof (MOA, AOA, partnership deed, etc.).

What It Is: GST registration is required for businesses supplying goods or services above a certain turnover threshold or operating interstate.
When Required:
When the annual turnover exceeds ₹40 lakh (for goods), ₹20 lakh (for services), or ₹10 lakh (for special category states).
If you sell goods or services online (E-commerce).
Benefits:
Legal authority to collect tax from customers.
Eligibility to avail input tax credit (ITC).
Better business credibility.

What It Is: It is a state-level tax imposed on professionals and businesses based on income.
Who Should Register:
Employers (for deducting professional tax from employees’ salaries).
Individuals engaged in professions like doctors, lawyers, chartered accountants.
Penalty for Non-Registration:
Heavy fines and interest for late payments.