Registration of Sole Proprietorship business
A sole proprietorship is a business owned solely by one person in his or her individual capacity – the oldest and most common form of business. We take you from idea to registered, bank-ready and compliant.
Your launch kit
Why entrepreneurs choose a proprietorship
For small, medium and new businesses, the cost-benefit and convenience can make this the better option.
Easiest to start, easiest to close
Companies and LLPs need significant time and effort to incorporate – and even more time and money to close. A proprietorship does not.
Usually more tax-efficient
Up to a considerable income, tax is lower than the flat rate that applies to companies and LLPs.
Lower compliance
Far fewer annual and periodic filings – no annual forms or shareholder submissions.
Ease in informal funding
Loans and deposits from third parties come without the restrictions that apply to companies.
Relaxed related-party rules
No approvals, resolutions or disclosures needed for related-party transactions.
No internal disputes
Differences between partners, directors or shareholders can paralyse a company. Here the proprietor has the final word.
Everything your proprietorship needs, in the order we do it
Scroll to watch each service run – from first document to final certificate.
KYC & documentation
A short checklist keeps this painless – identity, address and business-premises proof, collected and verified once.
- You provide: PAN, Aadhaar, photo and premises proof
- We do: Checklist, verification and formatting
- You get: A verified, filing-ready document set
MSME (Udyam) registration
Get the Udyam certificate that unlocks priority-sector credit, subsidies and tender benefits – and satisfies bank requirements. Very useful for small manufacturers and service providers.
- Udyam portal filing
- Activity and NIC code selection
- Certificate delivered to you
Shop & Establishment (Form F / G)
Register your place of business under the Shops and Establishments Act. With fewer than 10 workers we file the online intimation of commencement (Form F) and secure the Form G receipt – the proof banks and authorities routinely ask for. With 10 or more workers, Form A registration applies instead.
- Form F intimation filed online
- Form G receipt obtained and handed over
- Form A registration if you employ 10+ workers
GST registration
Most prevalent indirect-tax registration in India – required if your proprietorship wishes to enter the formal chain of indirect taxes. We register you for GST so you can invoice with tax, claim input credit and sell across states.
- Registration filed and tracked
- Query and notice handling
- GSTIN and first-return guidance
Current bank account opening
Banks ask for proof of business – typically your Udyam certificate, GST registration and shop-and-establishment document. We prepare the file and walk the application through with the bank.
- Bank-ready document pack
- Liaison with the bank
- Account opened, business live
Import Export Code (IEC)
Mainly for importers and exporters of goods and services – one 10-digit code makes you eligible to trade across borders. We apply, verify and deliver it.
- DGFT application
- Verification and follow-up
- Active IEC, ready to trade