business registration India small business setup sole proprietorship

What is Sole Proprietorship?

Sole Proprietorship is the easiest and most common form of business ownership in India. It is owned and managed by a single individual who has complete control over all business decisions.

Key Features:

• Single Owner Business

• Easiest to Start & Manage

• Minimal Compliance Requirements

• Complete Control & Decision Making

• Full Retention of Profits

• Suitable for Small Scale Operations

• No Separate Legal Entity

Benefits:

✓ Quick & Easy Registration

✓ Lowest Cost of Formation

✓ Minimal Documentation

✓ No Statutory Audit Required

✓ Easy to Close Business

✓ Direct Tax Benefits for Owner

✓ Complete Operational Freedom

✓ No Mandatory Annual Filings

Documents Required:

• Owner's PAN Card

• Owner's Aadhaar Card

• Address Proof (Business & Residential)

• Passport Size Photograph

• Bank Account Details

• Business Premise Proof (Rent Agreement/Ownership)

Registration Documents We Help You Obtain:

• GST Registration

• Udyam (MSME) Registration

• Shop & Establishment License

• Trade License (Municipal Corporation)

• Professional Tax Registration (if applicable)

• FSSAI License (for food businesses)

Timeline: 3-5 working days

Pricing: Contact us for competitive pricing tailored to your needs.

Compliance Requirements:

• Income Tax Return Filing (ITR-3 or ITR-4)

• GST Return Filing (if turnover > ₹40 lakhs)

• Maintenance of Books of Accounts

• Professional Tax (state-specific)

Why Choose Sole Proprietorship?

Ideal for:

• Freelancers & Consultants

• Small Retailers

• Home-based Businesses

• Service Providers

• Traders with Limited Capital

• Starting Your First Business

Get Started Today!

Contact us for complete proprietorship setup including all registrations and licenses.