To get a registration for a boutique as sole proprietor (1 employee), should I get a Gumasta license or MSME registration in Maharashtra? - 0 views
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LegalWiz .In on 31 May 18As per the Maharashtra Shop and Establishment Act 2017, every firm which employs 10 or more than 10 workers must obtain a license under the act. In your case there is only one employ so it is not mandatory at the initial stage of your business activity. Once the number of employees increases to 10 or more then you can get a license for your boutique under the act. MSME at the initial stage of business is a good option, but many firms face problems for current account opening as MSME is registration is not sufficient for banks as documentary evidence for current account opening. Banks sometimes may ask for Gumasta License or GST Registration for current account opening depending upon their banking policies. For further information, please contact our experts at 1800 313 4151 or through mail at support@legalwiz.in