Sole Proprietorship Registration
Start your individual business with minimal compliance and complete control.
Meaning
A Sole Proprietorship is an unregistered business owned and operated by one person. It’s the simplest business structure with no legal separation between the owner and the business.
Purpose
Ideal for small-scale traders, freelancers, and consultants to start a business with minimal regulatory requirements.
Advantages
- Easy to start and operate
- Minimal legal compliance
- Complete control over business decisions
Procedure
- Apply for PAN and open a current account
- Register for GST/Shop Act/MSME as applicable
- Start business operations
Checklist
- PAN and Aadhaar of proprietor
- Address proof of business
- Bank account details
- Any registration proof (GST, MSME, Shop Act)
Deliverables
- Registration Certificate (GST/MSME/Shop Act)
- Bank-ready documents for current account