Proprietorship Firm Registration in 4 days

Get professional help & Company registration @ 3998*/- including...


  • We help In Unique Business Name
  • Expert Advise on Sole Proprietorship Registration
  • Government Licensing for Sole Proprietorship Registration

Get a Quote to Find a right plan
to fit your needs



Sole Proprietorship Registration

Sole Proprietorship means any business which is carried out by a single person. In simple words a Sole Proprietorship is a business that is owned, managed and controlled by one person. It is the most oldest, universal and elementary way to set up a business. The major difference between a sole proprietorship registration and a Limited Liability Partnership or a Corporation is that the business owner cannot be separated from their business. We can help you establish an identity for in Proprietorship Firm Registration.

Start Sole Proprietorship in India is made more easy by Government of India. Earlier process of Sole Proprietorship registration has been modified. Now the new process is much simpler and with fast tack mode. Business owner need to chose a business name apply for Shop Act Registration. Experts at ANBCA in have helped number of entrepreneurs legal documentation to start Sole Proprietorship Company Registration. In All major cities of India , Mumbai, Delhi, Bangalore, Pune , Chennai and more. Our services are reliable and quick.

Advantages Of Proprietorship Registration

List of Documents for Proprietorship Registration

Photo, Address Proof and Other Documents

badge

Latest Passport Size Photograph

voter

Aadhar Card

pancard

PAN Card

lightbill

Light bill of Office Address (Residential address can be used)

badge

Photo of Premises

What We Offer

Shop Act Registration

MSME Registration

TAN Registration

Premium Agreements

What We Offer

Shop Act Registration

MSME Registration

TAN Registration

Premium Agreements

Process Flow

1

Verification of documents

2

Filing of Application of Proprietorship Registration

3

Get Approval for Shop Act Registration

4

Issue Shop Act License

5

Advise on Compliances to be Maintained

Send me all information about Proprietorship Registration in my mailbox

Email Address

Phone Number

FAQ- Sole Proprietorship Registration

What is Number of people are required to start sole Proprietorship Business Registration?
Only one person is required to start a Proprietorship and a Proprietorship can have only one owner.
Do I need to deposit certain amount as capital in bank accouant ?
No. There is no legal provision to deposit certain amount in bank accouant.
What are the documents required to start a Sole Proprietorship?
  • PAN Card of Person
  • Identity and address proof (Adhar Card , / Voter ID / Passport / License ) any one
  • Light Bill / Rent agreement / index II of Office
Is there my Proprietorship firm has any Registration certificate?
Proprietorship Registration firms do not have a Certificate of Incorporation or Certificate of Registration as issued in case of company or LLP. Proprietary firm have registration certificate issued by government authority.
Do I need to file Seperate ITR for me and my sole proprietorship firm ?
No. You will fine single ITR which will show income and loss details of owner plus business
Can I issue share Certificate in my business name ?
No. Under proprietorship firm concent of issuing of share certificate , debentures is not available.
what documents requried to Open Current Account in name of sole proprietorship firm ?
You will need PAN , address proof , MSME / Shop Act certificate , Business address proof etc. for opening current accounat.
Can I convert sole proprietorship firm into Private Limited or LLP ?
Yes . You can convert business. However the process is bit complicate and time consuming. Hence most of startups prefers to oepn a LLP or Private Limited.
Can I registered sole proprietorship firm in my residential address ?
Yes Most of start-ups uses residential address for firm registration.
What is Income Slab rates for profit earned from Proprietorship Firm ?
For FY 2018-19 Income up to Rs 2,50,000* No tax Income from Rs 2,50,000 – Rs 5,00,000 5% 4% of Income Tax Income from Rs 5,00,000 – 10,00,000 20% 4% of Income Tax Income more than Rs 10,00,000 30% 4% of Income Tax

Compare Your Options

Recommended For
Investment
Limited Liability Protection
Tax Advantages
Perpetual Existence
Statutory Compliances
Persons Required

Private Limited Company

Start-ups and growing companies
Very easy to accommodate investment & bank Loan
Yes
Few benefits
Yes
Moderate
Minimum 2

Limited Liability Partnership

Professional services firms
Possible, but unlikely
Yes
Few benefits
Yes
Low
Minimum 2

One Person Company

want be One Owner
Possible, but severely unlikely
Yes
Few benefits
Yes
Low
Max 1

Partnership

Regular Business
Possible to take loan from bank
No
Minimal
No
Minimal
Minimum 2

Sole Proprietorship

Small & Midsize business
Moderate
No
Minimal
No
Minimal
Max 1

Compare Your Options

Private Limited Company

Recommended For
Investment
Limited Liability Protection
Tax Advantages
Perpetual Existence
Statutory Compliances
Persons Required
Start-ups and growing companies
Very easy to accommodate investment & bank Loan
Yes
Few benefits
Yes
Moderate
Minimum 2

Limited Liability Partnership

Recommended For
Investment
Limited Liability Protection
Tax Advantages
Perpetual Existence
Statutory Compliances
Persons Required
Professional services firms
Possible, but unlikely
Yes
Few benefits
Yes
Low
Minimum 2

One Person Company

Recommended For
Investment
Limited Liability Protection
Tax Advantages
Perpetual Existence
Statutory Compliances
Persons Required
want be One Owner
Possible, but severely unlikely
Yes
Few benefits
Yes
Low
Max 1

Partnership

Recommended For
Investment
Limited Liability Protection
Tax Advantages
Perpetual Existence
Statutory Compliances
Persons Required
Regular Business
Possible to take loan from bank
No
Minimal
No
Minimal
Minimum 2

Sole Proprietorship

Recommended For
Investment
Limited Liability Protection
Tax Advantages
Perpetual Existence
Statutory Compliances
Persons Required
Small & Midsize business
Moderate
No
Minimal
No
Minimal
Max 1

Let's Start my Sole Proprietorship Registration

Name*

Email ID*

Phone Number*

Type of Business

TradingServiceManufacturingOther

Requirement

Contact Mode

CallMail