Proprietorship Firm Registration

1. Required Minimum 1  person.
2. Suitable for home based business .  
3. Traditional Business Model without Corporate Structure.
4. Lessor Legal Compliance as compared to Company and LLP.
5. No Seprate PAN Card Required. 

1. Choosing Registration to Opt for- Shop Act/MSME Act/GST Act.
2. Filing Registration Application .
3. Approval of Registration by Concerned Department .
4. Easy to Form .
5. Suitable for Startups and Growing Businesses .  
6. Certificate of Registration .
7. Opening of Bank Account .

1. PAN Card.
2. Voter ID/DL/Aadhar Card . 
3. Passport Photo.
4. Latest utility bill (electric bill/telephone bill) and Rent Agreement or latest tax receipt/ownership deep of the property for the property to be used for registered office.
5. Cancelled Cheque of Savings Account.

 1. What is Sole Proprietorship Firm ? 

- It’s a simple single person firm. Remember it’s not a company, it’s a best way to start a business in India with the less costing and less compliance. It needs only just one person for the legal registration.  

2.  What is Advantages in the Sole Proprietorship from Startup Point of View ?   

- Less Costing, Less Compliance, Less Income Tax. 

3.   Who can be a Sole Proprietor?        

- Any Indian citizen having basic documents such as PAN Card, Aadhar Card, etc. can become a Proprietor.