Sole Proprietorship Registration
Start your business as proprietorship quickly within one day. There is no specific registration requirement for a proprietorship business. However, to start the same, some other registrations are required as it is included in our basic package. The Sole Proprietorship is the simplest form of business in which enterprises can start. Only one person invests entire capital in the firm, and he alone is entitled to the business’s profits.
Quick Method to Start a Proprietorship Firm
Ask For Quotation/ Call Back From Specialist
Advantages of Proprietorship Formation
Documents Required to Register Proprietorship
Basic Documents to Start a Sole Proprietorship
Self Attested Documents of the Sole Proprietor
Process & Timeline for Starting Proprietorship Firm in India
Documentation – Day – 1
The process starts with documentation of the proprietor and the place of business where the business of the firm shall be carried on, ensure that the documents are updated and correct. The list of documents required is provided for your reference. We shall also require information in the For Proprietorship Registration.
Selection of Name – Day – 1
First thing is to select a unique name of your proprietorship business and the starting point should be to search the proposed name of the business in trademark register to avoid any infringement on someone else’s trademark. To learn more on trademark
MSME – UDYOG Aadhar – Day – 1
To open a bank account there is need of two documents in the name of the proprietorship, one of the registrations could be Udyog Aadhar which enables an entrepreneur to seek online services offered by Government Departments apart from various other benefits under MSME Act. To learn more on MSME Registration,
GST Registration – Day – 1-7
You may not be able to supply goods or services all over India unless GST Registration is obtained, However for same state supply the limit is 20 Lac. This also serves as a second document document issued for the proprietorship, which shall be required by banks while opening a bank account in the name of the firm.
TAN Number Allotment – Day – 1-7
TAN number is a permanent number allotted to business for complying with the provisions of withholding tax. You are required to deduct TDS while making payments, hence the next step is to obtain TAN number, which is mandatory to submit TDS Returns.