Sole Proprietorship

Sole Proprietorship Registration

A Sole Proprietorship Firm Registration is a business that is owned, directed & run by a single person. This is a certificate in India that is utilized by small-scale business operators. It refers to an individual who owns the business and is solely responsible for its debts. Proprietorship is recognized by other registration like sales tax registrations and the owner has to pay taxes on the income from the business as personal income tax payments

There are two types of partnership firms, registered and unregistered partnership firms. It is not mandatory to register a partnership firm; however, it is recommended that a partnership firm is registered in order to avail of several benefits conferred by the law.

Minimum Requirements

• The proprietorship firm should be started by an Indian resident.
• Select a business name.
• Decide on a location to start the business.
• No capital amount required, just a minimum investment is required.

Documents required for Sole Proprietorship Company/Firm Registration

• Pan card and ID for address proof.
• Business address proof (eg: electricity bill in your name, or electricity bill + registered rental agreement, etc.)
• Two government registration documents confirming name and address of business (shop establishment license, service tax registration, VAT/CST, etc.)
• Letter of authorization approving ADCA to appear on your behalf
• Signed copy of Proprietorship Charter.

Role of TAXADVISR

• Send your details and Upload Your Document to us.
• Make Online Payment.
• We will assign a Dedicated Manager to service your requirement.
• We will create all the required documents and file them with the appropriate authority.
• Once your proprietorship Firm is incorporated, we will send your incorporation certificate.