Details

A Sole Proprietorship is the simplest and most common business structure in India, where a single individual owns, manages, and controls the business. It offers complete authority to the owner with minimal compliance, making it ideal for freelancers, consultants, retail traders, and small businesses.

Although no formal registration is required to establish a proprietorship, obtaining the right licenses and tax registrations is crucial to gain recognition and operate legally.

Key Features

• Full control and profit rights with the owner

• Minimal setup and compliance requirements

• Cost-effective structure for small businesses

• Easy to manage and dissolve

Our Services Include

• Assistance in selecting the required registrations

• MSME Udyam Registration

• GST Registration (if applicable)

• Shop & Establishment License / Trade License

• PAN-based entity setup documentation

• Bank account opening documentation support

Documents Required

• PAN Card of Proprietor

• Aadhaar / Voter ID / Driving License

• Passport-size Photo

• Address Proof of Business Place (Utility Bill)

• Rent Agreement / NOC from Owner (if rented)

Deliverables

• Business Registration Certificates (as applicable)

• GST, MSME, Trade License support

• Bank account opening support

• Compliance guidance for tax filings