Proprietorship Firm Registration
Start Your Sole Proprietorship Quickly with Expert Assistance
A sole proprietorship is the simplest business structure, allowing individuals to own and operate a business with minimal compliance. It’s ideal for small businesses, freelancers, and independent professionals.
Why Choose Proprietorship?
- Easy Setup – No complex legal formalities, start immediately.
- Low Compliance – Minimal regulatory requirements compared to other entities.
- Full Control – Complete authority over profits and decision-making.
- Tax Benefits – Simplified taxation compared to corporations.
Documents Required
- PAN Card & Aadhaar Card of the proprietor
- Address proof (Utility bill, rental agreement, or property document)
- Business location proof
- GST Registration (if applicable)
Our Process
1️⃣ Consultation & Documentation – Expert guidance on registration requirements.
2️⃣ Business Name Selection – Ensuring uniqueness and availability.
3️⃣ Application Submission – Filing with relevant authorities.
4️⃣ GST & License Registration – Helping you stay compliant.
5️⃣ Completion & Delivery – Receive your proprietorship registration certificate.
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FAQ
Frequently Asked Questions
A proprietorship firm is a business owned and run by one individual, where the owner and the business are legally the same.
No unlike companies, a proprietorship firm does not need a formal central registration to start operating.
Registration or proper registration helps you build credibility, open a business bank account, access loans, and apply for government schemes.
GST registration becomes mandatory when your turnover crosses the threshold as per GST law or when you engage in inter-state supply/e-commerce
Some drawbacks are: unlimited personal liability (your assets can be at risk), limited growth potential, no separate legal existence, and the business ends if the proprietor dies or is incapacitated.
Yes the proprietorship can be converted into a company or LLP by following the relevant legal procedure.