Sole Proprietorship Registration

When a business is owned and governed by one person, it is called a sole proprietorship company. However, its liability is unlimited and it also doesn't have perpetual existence.

Starting from : ₹2,990

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Here’s How IT Works

1. Fill Form Simply fill the above form to get started.

2. Call to discuss Our startup expert will connect with you & prepare documents.

3. We draft and file the documents required for your company registration

What is a Sole Proprietorship?

This type of business can be incorporated in fifteen days and hence makes it one of the most popular types of business to begin in the unsystematic sector, specifically among merchants and small traders. For a Sole Proprietorship business, registration is not required as it is identified through alternate registrations, such as GST registrations.

Benefits of Sole Proprietorship Registration

Sole proprietorship firms are easy to set up and operate.
The owner of a sole proprietorship firm has full control over the business.
Sole proprietorship firms offer great flexibility
Sole proprietorship firms are taxed as individual taxpayers.
A sole proprietorship firm does not have a separate legal entity from its owner.
They are not required to maintain any formal records or hold annual meetings.
Sole proprietorship firms are cost-effective to operate.

What Are The Documents Required For Registering A Sole Proprietorship?

To open a current account, the following documents are required;

Proof of the existence of your business
Shops & Establishments Act Registration
PAN card
Address and Identity proof

Why Ention

Sole Proprietorship is the easiest form of business done in India since it Isn't governed by any specific laws. Under sole proprietorship's, the compliance's are minimal and easy to fulfil. Sole Proprietorship means a business carried on by one person. The decision making and management of the business is in the hands of a single person.