Proprietorship Registration Online

Proprietorship

Registration

Process

Get expert advice

You can get expert advice on sole proprietorship

Document submission and verification

Once you submit the required document, our team will do the paperwork

Filing application

We will find the application with the concerned authorities and resolve any queries raised by them

Registration certificate issued

once approved, you will get the registration certificate

Sole proprietorship

Ecosystem for Setting Up Your Own Business Moving Ahead Without Restrictions

Business in India has become downright simple nowadays. Without question, the best and most common way of doing business today is in the name of sole proprietorship because, with sole proprietorship, it really gets faster and cheaper-to-the-minute. A sole proprietorship is a completely independent ownership of a single person setting up, managing, and owning a business. Most suitable for freelancers, small shop owners, home businesses, and self-employed professionals.

StartupKare empowers you to set up a sole proprietorship entirely online and get licenses approved to start business activities in probably a matter of days

What is Sole Proprietorship?

It is the unregistered name of the business whereby no legal distinction takes place between the owner and the business, thus treating both as one.

The owner shall take all the decisions and profits.

For tax matters, income raised by the proprietorship is considered personal income for that person.

Since there is no legal recognition given, there arises no separate entity. Hence, an owner will become personally liable to their creditors and obligations.

In India, a proprietorship Doesn’t legally come into being from just a generic certificate of proprietorship but per definition through the multiple registrations of the business, including GST, MSME (Udyam), Shop & Establishment License, etc.

Why Sole Proprietorship?

Benefits:

Setup in Fast and Easy Way - Startups are much more time-efficient with very limited documentation.
Complete Ownership and Control - Your business is entirely managed by you.
Lowest Cost to Start - The resource in starting a business in India.
Least Compliance - There are no annual filings required like companies or LLPs.
Flexible Operations - It is easy to change the operation or even shut down the business.

Best For:

Proofs of Sole Proprietorship in India

No central registration certificate as sole proprietorship means regulation enforced upon any of the ones listed below, or all thereof:

GST Registration

Mandatory under turnover exceeds the threshold, or in cases of interstate trade.

MSME/Udyam Registration

For small businesses for government schemes and benefits.

Shop & Establishment License

Almost all states require it for shops, offices or commercial establishment.

Professional Tax Registration

In some states for certain professions.

Trade License

Required by some local municipal authorities.

Bank Current Account

Most banks insist on one or more of such registrations for opening an account.

Documents Required for Sole Proprietorship Registration

Documents belonging to the Proprietor (Owner):

Business Address:

For Registrations (if applicable):

Sole Proprietorship Registration Process with StartupKare

It is made easy, quick and entirely online by us:

Business Consultation and Requirement Analysis - We understand your business model in order to suggest suitable registrations for your proprietorship.
Document Collection and Verification - We will get your KYC and address proof online submitted and then verified.
Application for Required Licenses - We file applications for whatever is required per given situation: GST/MSME/Shop & Estd.
Government Policy - We pursue the said applications in the respective departments
Certificate Issuing - Digital delivery of your registration certificates.
Opening of Bank Account - Framework for setting up current accounts in banks is derived from registration proof.

Deliverables You Receive from StartupKare

Depending on your package, you may get:

the MSME/Udyam Certificate
GST Registration Certificate
Shop and Establishment License (if applicable)
Professional Tax Registration (if applicable)
Free Consultancy on Finance and Tax filing compliance for your proprietorship

Why Register Your Sole Proprietorship with StartupKare?

Entirely Online – No need of standing for long hours on the grate in government offices
One Stop for all Registrations – GST, MSME, Shop License, Trade License
Services for All Spots in the Country – Register from anywhere in India
Turn-around time quick – Your operations might actually start in 3-7 working days as per registration type;
Cost-Effective – Designed for small businesses and individual entrepreneurs
Professional Help - Assistance by startup and compliance experts

Main Features of Sole Proprietorship in India

Feature	Detail
Legal Status	No separate legal entity; personally liable to the owner
Ownership	Sole controls
Compliance	Minimal compliance depend little on registration type
Taxation	Profits taxed
Startup Cost	Colloquially the cheapest among business forms
Setup Time	3 to 7 working days

Is sole proprietorship registration compulsory?

No. However, to operate legally, at least one of the business registrations such as GST or MSME needs to be completed.

How long does sole proprietorship take?

Startup Kare generally takes three to seven days.

Can sole proprietors have employees?

Yes, she or he can employ but must adhere to all active labor laws as well as payroll compliances.

Can I convert sole proprietorship to company later?

Yes, it gets converted at any time either to LLP or Private Limited Company.

Which one is better out of Sole Proprietorship or Private Limited Company?

For small, low-risk businesses, proprietorship is less in cost and simpler. For businesses seeking funding and growth, a Private Limited Company is better.