Documents of Proprietor
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Case A: Premises/building owned by proprietor:
Case B: Premises/building on Rent/Lease:
All Inclusive Fees
All Inclusive Fees
All Inclusive Fees
It is a consistent performance of an activity that takes a longer period of time or an activity which is repeated regularly. It is characterized not only as a daily activity, or activity repeated at the short time intervals but also as an activity carried out at longer time intervals.
Characteristic of independence differentiate a business from employment. It reflects the fact that the entrepreneur decides itself on system, organization, and scope of its work and on time and place of work performance.
It is a formal expression of autonomy which means that the entrepreneur is obliged to undertake the legal obligations under its own business firm. A business firm is a name under which the entrepreneur is registered in the Commercial Register.
A Licensed business will enjoy greater goodwill and will attract the customers and investors than an unregistered entity.
In order to do ethical business, practice the person can apply for obtaining Trade Licence which ensures the safety measures and guidelines.
Companies having better business practice attract various investment groups and other business organizations
In the definition of this characteristic is not decisive whether the profit was actually achieved and how it will be used. The decisive fact is that the person who performs work wants to achieve profits and its activities aim to this goal. In contrast, the activities where another purpose is monitored objectively and making a profit is out of the question, such as the activities of a purely philanthropic and charitable character, do not fulfill this condition and the legal regime of licensed trade cannot be applied to them.
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