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Issue ID: 5178
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Proprietorship Business.

Date 13 Jan 2013
Replies 2 Replies
Views 1439 Views
Tax Identity Number: a single tax identity applies to multiple proprietorships within the same state.
Under VAT laws a person carrying on more than one business within a particular State is provided a single Tax Identity Number for VAT registration; a separate reply affirms that an individual may be proprietor of two proprietorship businesses. (AI Summary)

Respected Sir,

Can a person become a proprietor of two Proprietorship business. 

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Replied on Jan 14, 2013
1.

Under VAT laws, there is a provision to have only one Tax Identity Number, if any person (either individual or Company) do have more than one business in the particular State.

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Replied on Jan 21, 2013
2.

Yes

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