What is Proprietorship Registration?
A Sole Proprietorship is the simplest form of business owned and managed by a single individual. It is an unincorporated business entity that offers complete control to the owner but also entails personal liability for business debts.
How It Works (3 Steps)
Fix an appointment
Our team of experts will get in touch with you and collect all necessary documents and details
Resolve all your queries
We fill out and file your application for registration
Complete registration assistance
Your sole propreitorship is registered
How to Register a Proprietorship in India (Step-wise)
Step 1: Decide on a business name and apply for relevant licenses (GST, MSME, etc.).
Step 2: Obtain a PAN for the business owner.
Step 3: Open a business bank account in the proprietor’s name.
Step 4: Register under the local municipal authority if required.
Step 5: Comply with tax filing and annual compliance as per business requirements.
Benefits of Proprietorship Registration
Full Control
The owner makes all business decisions.
Minimal Compliance
No mandatory audits or board meetings.
Quick Setup
No lengthy registration procedures.
Tax Benefits
Profits are taxed as individual income, avoiding double taxation.
Documents Required
- PAN and Aadhaar of the proprietor
- Business address proof (Utility bill/Rental agreement)
- Bank statement or canceled cheque
- Business licenses (GST, MSME registration, etc.)
Why Choose ASCESA?
- Simplified registration with step-by-step guidance.
- Expert legal support for documentation and compliance.
- Assistance in GST and MSME registration.
- Quick turnaround time for hassle-free business setup.
