Incorporate Your Business Online Quickly!
Get your Proprietorship Firm Registered in just 7 days
- Expert Assistance
- Complete online process
- End-to-end compliance solution
- Track application status
SAVE 60% COST..!!!
- Expert Assistance
- Complete online process
- End-to-end compliance solution
- Track application status
Get your Proprietorship Firm Registered in just 7 days
Incorporate Your Business Online Quickly!
Incorporate Your Business Online Quickly!
Get your Proprietorship Firm
Registered in just 7 days
- Expert Assistance
- Complete online process
- End-to-end compliance solution
- Track application status
SAVE 60% COST..!!!
How To Register A Proprietorship Firm?
Registering a Proprietorship Firm is quick, easy, and can be done online with Entrepreneurcell in 3 simple steps:
Step 1
We help you to suggest which registration is suitable for your Business.
Step 2
Preparing the Documents and filing
Step 3
Get your Proprietorship Firm registered to start your Business Quickly.
What is a Sole Proprietorship Registration?
A Sole Proprietorship is an unincorporated business owned particularly by one person. It is not a legal entity but a description of a kind of business, so there are no formal papers to file to create one. This registration can be identified by a GST Registration. It is known as the ‘GST Registration For Proprietorship’. The liability of Sole Proprietorship Firm Registration is unlimited and doesn’t have any perpetual existence. Moreover, With a sole proprietorship, the business and individual are the same.
Why choose Proprietorship registration in India?
- The profit solely belongs to the proprietor
- The tax assistance avert double taxation
- The owner is accountable only to file an annual tax return and pay tax as an individual
- The owner has overall control and claims the ownership stake
- Requires no minimum capital investment
- No separate tax for the firm
Sole Proprietorship Documents Required
Are you willing to start your own business? If yes then here is the checklist of documents required to fill up the application for Proprietorship Firm Registration:-
- PAN card and Aadhar card
- Address Proof- Electricity Bill and Rent Agreement
Documents required for GST Registration:
- Pancard
- Aadhar card
- Photo
- Email id and contact number
- Address Proof:
- If owned: Property Papers and Electricity Bill
- If rented: Rent Agreement and electricity Bills
Your Trusted Business Advisor
Everything should be as simple as it is, but not simpler as you
Why Choose Entrepreneur Cell for your Sole Proprietorship Registration?
Frequently Asked Questions
You can register your Proprietorship Registration with any amount of minimum capital.
An Indian citizen with a current account in the name of his/her business can be a sole proprietorship. To open that current account you need following documents:
MSME or Shop & Establishment Registration.
No, Proprietorship firms does not have certificate of incorporation.
Proprietorship firms are the business entity that is owned, managed, and controlled by only a single person. So, Proprietorship firms cannot issue shares or have investors.
The assets and liabilities for the proprietor and the proprietorship are the same. The PAN card of the proprietor as well as proprietorship are the same. Furthermore, the firm has no separate legal identity.
It doesn’t take more than 15 days to set-up and begin functioning. Due to this simplest way sole proprietorship is the most preferable by the small traders and merchants. Also, because of its less expensive feature, it is the most famous business structure widely.
Yes, it’s possible. Through agreements, assets of the proprietorship can be converted but bank account needs to be closed to open a new account on company name.