PROPRIETORSHIP REGISTRATION
Sole Proprietorship Registration
Register your proprietorship firm online in just 4 days*. Sole Proprietorship is the most popular form of business owned and managed by a single owner. Easy to start and maintain. Least compliance cost.
Suitable for – Small Traders | Freelancers | YouTubers | Bloggers.
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What is Sole Proprietorship?
A sole proprietorship is the simplest form of business in India. It is the most common and popular form of business, suitable for small traders and merchants.
An individual proprietor owns and manages the business and is responsible for all business transactions.
Legal Status
The sole proprietorship firm does not create a legal entity separate from its proprietor or owner. It simply refers to a person who owns & manages the business and is personally responsible for all business transactions. A sole proprietorship can operate under the name of its owner/proprietor or it can do business under a separate Trade name.
Advantages of Proprietorship Firm Registration
Proprietorship is the most popular form of business due to its simplicity, ease of registration, minimum compliance, and nominal maintenance cost.
- Owned and managed by a single person.
- Can be operated under its proprietor (owner) name or under a separate Trade name
- Just need PAN card, identity and address proof of proprietor to start
- Very easy to form/start
- Nominal Cost of formation & Compliance
- Minimum Statutory Compliance
Why BIZGOFLY?
Fast & Reliable Services
100% online, hassle-free process
Transparent Professional Fees
No Hidden charges. All inclusive fees.
Expert & Qualified Team
Team of Qualified CA, CS & Lawyers
24 X 7 Support Services
On Call, Email, Chat &WhatsApp
One Stop Junction
All legal services under one roof
PAN India Services
20+ Cities presence across india
Documents required for Proprietorship Registration
PAN and Aadhaar card of the proprietor is the mandatory documents to register a proprietor business in India now. These are the list of documents required for registration of a proprietorship firm:
Documents to be submitted by Partners
- PAN card of the proprietor
- Copy of Aadhaar
- Bank Statement (Personal), if any
- Utility bill copy (any one – Electricity, Telephone, Property Tax Receipt (For business place proof)
- Valid email id and mobile number (otp needed)
- Latest passport size color Photo
Documents required for Opening a bank current account
As per RBI mandate, these are the list of documents requited to open a bank account (current) for a Proprietorship. Proprietor must provide any of the following two forms of registration:
- Utility Bills (Electricity/Telephone/Water Bill)
- GST Registration Certificate,
- Shop & Establishment Act registration,
- Professional license (if any),
- CA’s certificate or
- MSME Registration,
- Others as provided in the RBI KYC norms
Proprietorship Registration Plan
Our Proprietorship registration includes GST, Udyam, ISO, and Trademark registration depending on the plan you choose.