Sole Proprietorship Registration
India’s Best No. #1 CA for Company Registration Near Me!
Procedure For Sole Proprietorship Registration
Complete our Simple Form Online
You are required to fill your details in our simple questionnaire and submit documents.
Verification of Documents
For further procedures, details provided by you will be verified by our experts.
Submission of Document
We will create all the required documents and file them with appropriate authority.
Your work is completed
Once your proprietorship is incorporated, we will intimate you about the same.
Proprietorship Registration
A Sole proprietorship may be a business that is claimed, overseen, and controlled by a solitary individual it’s one among the foremost widely known sorts of business in India, employed by small businesses operating within the unorganized sectors.
Sole Proprietorship Registration is perceived by different registrations, like a service or sales tax registration. It has an excessive number of shortcomings, like the unlimited liability of proprietor, and it does not have a ceaseless presence. Therefore it’s considered by small merchants and brokers as a business structure. Sole Proprietorship Registration is completed by FinBiz.
Documents Required for Sole Proprietorship Registration
- PAN Card copy of proprietor.
- Electricity/ Water bill (Business Place)
- Copy of Aadhaar Card/Voter identity card
Why Sole Proprietorship Registration?
- Easy to Start
- Minimal Compliances
- Audit not required
What Is Included In Our Package?
MSME registration
TAN/TDS registration
Guidance on service tax, trademark, sales tax registration
Frequently Asked Questions
The Proprietor must be an Indian citizen and a Resident of India.
Proprietorship firms do not have a Certificate of Incorporation.
There is no limit on the minimum capital for starting a Proprietorship. Therefore, a Proprietorship can be started with any amount of minimum capital.
To open a bank account for a Proprietorship, Reserve Bank of India mandates that the proprietor must provide two forms of registration for the Proprietorship firm along with the PAN Card, identity proof and address proof of the Proprietor. The two forms of registration can be any two of the following: service tax registration, MSME registration, VAT/TIN/CST registration, Shop & Establishment Act registration, Professional license, Chartered Accountant certificate or others as provided in the RBI Know Your Customer norms.