Proprietorship Company Registration Service

A sole proprietorship is a type of unregistered business entity that is owned, managed and controlled by one person. Sole proprietorship is the most common type of business in India and it is used by most micro and small businesses operating in the unorganized sectors. Proprietorship’s are simple to start and have minimal regulatory compliance requirements for operating. This entity is ideal for entrepreneurs who are getting into business for the first time and for small businesses with few clients.The proprietorship  cannot be a corporate or legal entity. The proprietor and the proprietorship are considered to be the same entity legally.The PAN and other documents of the proprietor are the basis for obtaining all other business registrations and licenses. In case of any issues of liability in the business, the proprietor is held personally liable for it.

To register a sole Proprietorship, the following documents are required:

• Aadhaar Card
• PAN Card
• Bank Account
• Registered office proof

Although sole proprietor doesn’t require any specific registrations, he is advised to obtain a few registrations to make his business function smoothly.

• Registering as SME
• Shop and Establishment Act License
• GST Registration