Proprietorship Registration

Sole proprietorship is the most famous business entity
in India. Around 70% of business operated through
Sole Proprietorship Concern in India

  • GST Registration
  • MSME Registration
  • GST Return Filing
  • Trademark Registration
  • Opening Bank Account
  • No Need to Visit Office

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Our Proprietorship expert will call you for onboarding





EAdvisors Benefits

Secure Vault

Your documents are protected by highest 128 bit SSL bank grade security with 24/7 year round access

Time Savings

Get online registration of sole proprietorship, without any visit to CAs office. Just Connect with EAdvisors Expert

Get from Home

Our expert will coordinate and you need not to visit consultant office for your filing and registration.

Accuracy

Our experts carefully comb through all your documents to ensure no detail is missed out while filing

Proprietorship Registration

Proprietorship Registration

A business that legally has no separate existence from its owner. Income and losses are taxed on the individual’s personal income tax return. The sole proprietorship is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity.

A sole proprietorship is a type of unregistered business entity that is owned, managed and controlled by one person. Sole proprietorship’s are one of the most common forms of business in India, used by most micro and small businesses operating in the unorganized sectors.

Proprietorships are very easy to start and have very minimal regulatory compliance requirement for started and operating. However, after the startup phase, proprietorship’s do not offer the promoter a host of benefits such as limited liability proprietorship, corporate status, separate legal entity, independent existence, transferability, perpetual existence – which are desirable features for any business. Therefore, proprietorship registration is suited only for unorganized, small businesses that will remain small and/or have a limited period of existence.

Why you should choose sole proprietorship registration (Benefits)?

Decision Making

As a single person is at the helm of affairs, it is easier to operate as the particular person will be the sole decision maker and he need not consider a plethora of opinions.

Compliance

Since sole proprietorship are an unregistered form of entity, there is less compliance and filing with different acts as compared to other forms.

No Profit Sharing

No other business, other than that of a sole proprietorship and one person company, entitles the owner as the sole beneficiary of profits.

Tax Benefit

While there are many tax benefits to sole proprietorship, a main drawback is that the owner must pay self-employment taxes.

Easy to Start

A sole proprietorship concern is easy to start. One should required GST registration to start sole proprietorship concern.

Economical

Sole proprietorship entity is the most economical business entity. Statutory audit is not mandatory, less registration is required.

Easy to Windup

This business entity have benefit of easy exit. This means long process of winding up is not required as in case of company during business closer.

No Ownership Sharing

Sole proprietorship is one person entity and the ownership of business enjoyed by single person without sharing business interest with anyone.

Pricing

We work round-the-clock to ensure the applicants problem is resolved. Check out the price table below
and choose a plan the most suitable for you.

Basic Plan Proprietorship Registration
1999
GST Registration

MSME Registration

Online Support

Gold Plan Proprietorship Registration
4999
GST Registration

GST Return filing for 3 months

MSME Registration

Online Support

Platinum Plan Proprietorship Registration
9999
GST Registration

GST Return filing for 3 months

MSME Registration

Trademark Registration

Online Support

List of Documents Required for Sole Proprietorship Registration

Identity Proof (any one)

  • Pan card in the name of the Proprietor (Mandatory)
  • Passport
  • Voter Identity Card
  • Driving License
  • Aadhaar card issued by Unique Identification Authority of India (UIDAI)
  • Senior Citizen Card issued by State/Central Govt
  • Fisherman Identity card issued by State/Central Government
  • Arms License

Residence Proof (any one)

  • Passport, Voter Identity Card, Driving License, Aadhaar card issued by Unique Identification Authority of India (UIDAI)
  • Senior Citizen Card issued by State/Central Govt
  • Fisherman Identity card issued by State/Central Government
  • Arms License
  • Utility bills (Electricity bill, Telephone bill) not older than 3 months
  • Water tax bill along with receipt not older than 6 months
  • Property Tax bill less than one year old along with Tax payment receipts
  • Latest Three months Bank Statement from scheduled commercial bank with account opening cheque/Bank passbook/Original letter from existing banker with account opening cheque
  • Consumer gas connection card/Passbook along with the receipt of gas supply not older than 3 months
  • Registered Lease & License Agreement along with utility bill not older than 3 months in the name of the landlord

How to register Sole Proprietorship Concern in India?


Identify required Proprietorship Registration Plan and Buy correct EAdvisors Proprietorship Registration plan. Call our Proprietorship Registration Expert team for clarification of doubt.


Session with EAdvisors Sole Proprietorship Registration Expert for detail discussion on documents and procedure for registration.


Submit all the documents required for Sole Proprietorship Registration through EMAIL or Whatsapp or physical copy, Our team will prepare and submit proprietorship registration.


We will track the status of application, Reply to query raised by department and Issuance of Certificate of Registration through email or whatsapp or physical copy.

Checklist for Proprietorship Business Entity in India

GST Registration

GST Registration of Certificate issued under Goods and Services Tax Act. Proprietorship business can be start with GST Registration of Certificate.

Shop and Establishment Registration

Shop and Establishment registration issued by the local municipal authority under shop and establishment act.

Import Export Code

To opening a bank account for starting up business, banker can allow Export and Export Code issued by DGFT to proprietorship entity.

Utility Bills

Utility bills like electricity bill, landline telephone bill, water bill in the name of proprietorship business entity.

Why EAdvisors for Proprietorship Registration?

EAdvisors provides you facility to start business as a sole proprietorship entity from your home. You can provide all the document through email or whatsapp to our Company Registration Expert Team. EAdvisors can register your sole proprietor business entity with in 7 working days.

EAdvisors Sole Proprietor Registration package includes:

  • GST Registration
  • MSME Registration
  • Trademark Registration
  • GST Return filing for 3 months

Important point to know about Proprietorship Business Entity

If you looking to start business as a proprietorship concern in India, you must know about some interesting fact about proprietorship business entity.

  1. EAdvisors Proprietorship Consultant will help you to get required registration to start business under proprietorship business entity.
  2. Reserve Bank of India required two registration along with PAN Card, ID proof and Address proof. Two registration may be from GST Registration, MSME Registration, IEC Registration, FSSAI Registration etc.
  3. Reservation of Name is not required under this business entity types.
  4. Income tax return is required to file under income tax act annual and no other annual compliance is required.
  5. Statutory Audit is not mandatory until turnover cross specified limit under Income Tax Act.

Proprietorship Registration

Proprietorship Business entity registration may very with types of industry. Different registration may be required for different industry type. Normally following registration are required: –

  • GST Registration
  • MSME Registration
  • FSSAI Registration
  • Shop and Establishment Registration
  • TAN Registration
  • Import and Export Code
  • Bank Current Account

What Clients Say

I am very satisfied with your service for GST registration. I have good experience with you.

Accounting was always challenge for us before we met EAdvisors. Now compliance and accounting is smooth for us.

I got my ESI and EPF registration in just 3 days, coordination with customer care is impressive.

FAQ’s

How much person is required to start proprietorship entity?

Only one person is required to start proprietorship business entity in India.

Can a Non Resident of India be a proprietor in India?

Proprietorship can be Indian citizen and he must be resident of India. Non resident of India can be proprietor only with approval of government of India.

How much time is required to start a business as a proprietor?

As we discussed earlier, Starting up business as a proprietorship is a easiest way. Starting up may required 7-10 days.

Who prefer to run business as a proprietor in India?

Proprietorship is the most famous business entity in India. Around 70% of business entity in India is run as a proprietorship. Normally trading business, local restaurants, grocery stores, business with small capital or local shops etc prefer to choose this.

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