Prerequisites for Registration of Sole Proprietorship in India
A sole proprietorship is one of the easiest and simplest form of business entity to register and maintain in India. There is no formal sole proprietorship registration and to start a proprietorship only PAN number for the Proprietor, certain licenses and capital is required.
Documents Required for Sole Proprietorship in India
- Color Photo of the Proprietor
- Firm Name with Registered Office
- Personal Proprietor Pan Card & Aadhar Card Copy
- Valid Email-id & Contact Number
- Name of Products / Services in which Your Firm is dealing
- Saving Bank account statement/ First Page of Passbook/ cancelled cheque of proprietor
- If Business Property is own provide Electricity or Legal Ownership Documents otherwise Provide Rent Agreement
Steps involved in Registration of Sole Proprietorship in India
- Document Preparation
- Apply for proprietorship registration
- Sending you Firm Kit
Timeline for Sole Proprietorship Registration in India
It takes 3 to 15 working days (approx.) to complete Registration procedure. Timeline may vary depending on replies from respective department.
What Is Included In Our Sole Proprietorship Package?
- Personal Consultation
- Government Fees
- Payment of Stamp Duty and Registration Fees
- Our Professional Fees
- PAN Application
- Support to Open a Bank Account
- Tax Consultation for Free
- Shop Act License
- MSME Certificate (Udyog Aadhaar)
- GST Registration
Register Your Proprietorship Firm Now