-
December 22, 2022
How to register a Proprietorship Company in India
A sole proprietorship is the simplest and most common form of business in India. An individual proprietor owns and manages the business operations and is responsible for all business transactions. The sole proprietorship firm does not create a separate legal entity for its owner or proprietor. A sole proprietorship can operate under the name of its owner/proprietor or it can do business under a separate Trade name. A Sole Proprietorship Firm requires minimum of 2 legal entity proofs to open a current bank account.
Option 1 as GST Registration :
Considering the business nature one may require the GST Registration either on mandatory or voluntary basis.
Option 2 as MSME license :
One must opt for this option when you are starting with a small business plan. You need not require GST registration in this case.
What are the documents required for a proprietorship firm?
- Aadhar Card
- PAN Card
- Registered office proof
Features of Proprietorship Firm :
- Single Owner of the Business
- Easy to Start and Easy to Close
- Complete Control
- Lower Cost of Formation and Compliance
What are the advantages of a Sole Proprietorship firm?
- Minimal compliance
- Suitable for small to medium scale businesses
- Easy to register as compared to a Pvt. Ltd. and a limited liability partnership
- Greater flexibility and ease of operations
- Basically, Proprietorship Firm Registration is a simple firm registration it’s also called Sole Proprietorship Firm in that Single owner of the business and Liability is also unlimited.
GST Registration
Make your business GST Compliant. Never lose on GST input credit ever. Obtain your GST Registration Online with Ebizfiling
About Ebizfiling -
Reviews
Debasis Mishra
28 Jul 2020Very good Service. The staffs are very cooperative. Particularly Nilesh is very cooperative and punctual. They deliver all the documents on time. Thank you all for your support.
Palak Shah
14 Jul 2018I must say they have a really efficient team. I had contacted them for Trademark Registration and it was done within no time. Kudos to you and your team.
Ravi
18 Apr 2019Superb and fast service… Professionally trained employees.support u even in case any error come while dealing which is out of their service area.
September 8, 2025 By Dhruvi
What is an ESOP Plan? A Clear Guide for Indian Startups and Private Limited Companies Why ESOP in India Matters? If you’re building a startup in India or running a private limited company, chances are you’ve heard the term “ESOP.” […]
August 2, 2025 By Dhruvi
The Legal Checklist for Issuing ESOPs in India Introduction For Indian startups and private limited companies, ESOPs (Employee Stock Option Plans) are more than just a retention tool — they’re a key part of growth, equity management, and startup culture. […]
August 4, 2025 By Dhruvi
How ESOPs Are Taxed in India: A Simple Guide for Employees Introduction ESOPs (Employee Stock Option Plans) are a great way to participate in your company’s growth. But many employees don’t realize that ESOPs come with a tax bill—often at […]