This type of business structure relies solely on one personās savings, borrowings and credit history. As there are no one elseĀ involved in this type of business structure, raising funds from Financial Institutions will be very hard.
Need a Proprietorship Registration? We are a perfect match.
Setting up a business in India often involves choosing a Proprietorship as a preferred option. A proprietorship firm, also known as a sole proprietorship or sole trader, is a business structure where a single individual owns and operates the entire business, with no legal distinction between the owner and the business entity.
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Easy -
Fast -
Secure
With us register a proprietorship in 4 easy steps
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Fill up the Form.
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Submit the documents.
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Pay only professional fees.
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Get your proprietorship registered.
Process for Registering a Proprietorship
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š Get in Touch with Us
Call or WhatsApp us for a free consultation. We help you understand whether proprietorship is the right structure for your business and guide you on essential registrations.
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š Document Collection
We collect PAN, Aadhaar, passport-size photo, email, mobile number, and address proof for the business location (rented or owned).
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š³ Fee Payment
You pay our affordable professional fees securely via UPI, bank transfer, or payment linkābased on your registration needs.
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š Business Name Finalisation
We help you choose a suitable business name and check availability for GST, Udyam, domain, and banking purposes.
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š Basic Business Registrations
We apply for , GST Registration (if turnover exceeds limit or for e-commerce/trading) ,Udyam (MSME) Registration, Shop & Establishment License (if applicable in your state) , Professional Tax (where applicable).
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š Digital Signature (DSC) Assistance (if needed)
We assist in arranging DSC for GST or tender participation, if applicable for your business.
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š¬ Certificate Delivery
Once registered, we share your GST Certificate, Udyam Acknowledgment, and other documentsāready to open a bank account in your firmās name.
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š§ Post-Registration Support
We help with bookkeeping setup, GST filing, income tax return filing, business advisory, and converting to LLP or Company in the future, when your business grows.
Document for Sole Proprietorship
PAN card of the proprietor
Address proof of the proprietor
Passport size photograph
Address proof of the premises
Latest utility bill
NOC from the owner of the premise
Advantages of Proprietorship
Easy registration
Sole proprietorship registration does not have any formal incorporation or dissolution process – as itās the same as the Proprietor. Hence easily registered.
Lower compliance
As most proprietorship is only registered with government departments like Income Tax & GST, the compliance burden will be lower. On the other hand, entities like LLP or Company are registered with the Ministry of Corporate Affairs and must file various statutory compliances each year.
Simplicity
As there are no partners, shareholders, or directors, the proprietor can easily operate this business with minimal documents and consent requirements. Hence, this type of business structure is best suited for very small businesses.
Business decision
In a proprietorship, the business owner takes all business decisions. There is no consent or approval required from any other person. Hence, a proprietor can normally take quick decisions regarding his business affairs.
Complete control
As sole proprietorship is owned only by the proprietor. He/she has complete control over the assets, revenue, expenses and all business operations.
Flexibility
Proprietorship concern enjoys the privilege’s to jump from Proprietorship to PartnershipĀ and even to Private Limited.
Disadvantages of Sole Proprietorship
Funding
Personal liability
If a proprietor is unable to pay business loans or taxes, in a proprietorship – the personal assets of the business owner can be attached or encumbered. Hence, in this type of business structure – the proprietor will be held personally liable until all the liabilities are extinguished.
Business continuity
In case of death or disability of the business owner, the sole proprietorship will be automatically dissolved. Hence, there will be no business continuity.
Growth
A proprietorship has various restrictions in terms of fundraising, liability and business succession. Hence, only very small businesses that are in the unorganized sector operate as proprietorship.
Requirements To register a sole proprietorship in India
Identification
You need to provide a PAN card and an Aadhaar card. You can also use a voter’s ID, passport, or driving license to establish your Identity.
Address
You need to provide the address of your registered office.Ā If you rent the space, you need to provide a rental agreement.Ā If you own the space, you need to provide a sale deed or the latest tax paid receipt.
Bank account
You need to open a separate bank account for your business.
Licenses
You may need a trade license, food license or a Shop and Establishment Act license.
GST
If your business turnover is more than ā¹20 lakh, you need to register as taxpayer under GST Act, or you can do it voluntarily.
MSME registration
Registering as an MSME gives you small enterprise privileges as well as advantages of Government schemes.
Why us
Recognized by Govt. of India
End-to-End Financial & Compliance Solutions
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End-to-End Financial & Compliance Solutions
Trained & Professional Team
On Time, Every Time - We Respect Deadlines
Technology Driven
Transparent & Ethical Practices
Support for Startups & MSMEs
Compare with other company types
Pick a Business Structure That Works Best For Your Business
- Applicable Law
- Registration
- Number of Owners
- Separate Legal Entity
- Liability Protection
- Statutory Audit
- Ownership Transfer
- Perpetual Existence
- Foreign Ownership
- Taxation Liability
- Compliance Requirement
Here are some frequently asked questions about proprietorship registration
What is proprietorship registration?
Proprietorship registration is the process of registering a sole proprietorship business in India.
Who can register a proprietorship?
A sole proprietorship can only have one owner.
What documents are required for registration?
The proprietor needs to obtain a Registration Certificate under the Shops and Establishment Act of the state.
When is GST registration required?
GST registration is required if the business turnover exceeds a certain threshold.
What are the benefits of proprietorship registration?
The proprietor has full control and profits from the business.
What are the challenges of proprietorship registration?
The proprietor has unlimited legal liability and may be limited by the amount of capital available.
Can a proprietorship be transferred?
No, a sole proprietorship cannot be transferred, but the firm can be transferred by transferring the ownership of its assets.
Related business registrations
In addition to registration or incorporation, a business may require other registrations depending on the business activity undertaken. Talk to our advisor to find out registrations your business may require post registration.
Related business services
Income Tax Returns
Timely ITR filings. Zero Penalties. Appropriate refunds. Maximum Peace of Mind.
Accounting and Book keeping
Accounting is the structured process of recording, organizing, summarizing, and interpreting financial data to provide meaningful insights and ensure compliance...
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