File Your ITR Before 15st September (Extended) — Avoid Penalty | 📢 Reminder: Last date for ITR filing is 15th September. File Now to avoid ₹5,000 penalty
bg_image
Take your First step towards success…

Sole Proprietorship Registration

@2499/-

Kickstart your business with least liabilities and compliances. Get your Sole Proprietorship Firm Registration Online in 10 working days.

 
Company Name Registration Form

Sole Proprietorship Registration

Get Your Sole Proprietorship Company Registered for Just ₹2499/- Only!

In India, many micro and small enterprises in the unorganised sector prefer to register themselves as Sole Proprietorship Firms. A sole proprietorship is an unregistered business entity that is owned, managed, and controlled by a single individual, known as the sole proprietor. This business structure is popular due to its simplicity, low setup cost, and minimal regulatory requirements.

Starting a sole proprietorship is ideal for first-time entrepreneurs or individuals with a small client base. While the compliance requirements are minimal, the liability rests entirely with the proprietor—meaning they are personally responsible for all profits, losses, and business obligations. Despite this, the ease of formation and operation makes it a widely preferred model for small traders, producers, and service providers.

 

What is Sole Proprietorship

A sole proprietor is the exclusive owner of a sole proprietorship firm, entitled to all profits and fully responsible for all business decisions and liabilities. This business structure offers complete control to the owner, making it ideal for small businesses and first-time entrepreneurs. However, the proprietor also bears unlimited liability, meaning personal assets may be at risk if the business incurs losses.

To operate legally, a sole proprietor must obtain specific licenses and permits, which vary based on the industry, state, and local regulations. In a sole proprietorship, the owner and the business are considered one and the same entity, with no legal distinction. The proprietor is also referred to as a sole trader or independent entrepreneur, and the registration process is simple and can be done entirely online.

Benefits of Proprietorship Registration

Why Sole proprietorship firm registration ?

Easy to Establish

The formation of proprietorship enterprises does not require a lengthy registration process. A proprietorship business operates under the owner’s legal name. This clause eliminates the need to register the company separately until it is absolutely necessary. This simple registration process makes it easy for business owners to register their businesses, which is a good thing.

Easy to Operate

It is easier to comprehend and operate a firm when you are the only proprietor. Only the owner has the authority to make decisions. As a result, the choice is taken more quickly and in the best interests of the organisation. Because there is only one individual to make and implement strategies for the business, one-owner businesses have more easy operational functioning.

Tax Advantages

If the profits of a sole proprietorship are less than Rs. 2.5 lakh per year, the sole owner is not required to pay income tax. Starting small and saving money on taxes is a huge benefit for the company. It is important to note, however, that once the profits exceed Rs. 2.5 lakh per year, the company must pay income taxes.

Sole Beneficiary of Profits

Because there is only one owner of a proprietorship, there are no fixed restrictions governing the money made by the business. The gains are accumulated by the owner, who then invests them in the market and other activities. Sole ownership eliminates the company’s benefit-related conflicts. Money is brought in to help the firm’s processes run smoothly.

Documents Required for Startup Company Registration

The following general documents are necessary for the majority of the types of registrations that are advised for sole proprietorship firms. For some sorts of registrations, there may be some exceptions. Owners should visit the official website of the government organization issuing the registration to ensure that they have all of the relevant paperwork.

The following documents are required to register a sole proprietorship firm online:

Aadhar Card:

The number on your Aadhar card is required for official registration. This is necessary to link the business with the other details associated with the Aadhar card.

PAN (Permanent Account Number) card:

To file Income Tax Returns, a PAN card is required at the time of proprietorship registration. As a result, obtaining a GST registration number is also required (if applicable).

Bank account number:

The bank account associated with office transactions must be given. If the applicant does not have a separate corporate bank account, this can also be his or her personal account.

Registered office proof:

Any registration requires certified office proof.

Check Company Name Availability

Our systems will check availability of your Company Name

Company Name Registration Form
SOLE PROPRIETORSHIP REGISTRATION PROCESS

Register proprietorship firm online in following steps

Apply for PAN & Choose a Business Name

Begin by applying for a PAN card (if not already available) and selecting a unique name for your business. This name will be used in licenses, registrations, and your business bank account.

Open a Bank Account

Once the PAN and name are ready, open a current bank account in the business name to manage all financial transactions. A dedicated bank account helps maintain clear records and separates personal and business finances.

Shops & Establishment Registration

Mandatory for businesses like shops, parlours, and commercial setups. Issued by the local municipal authority based on your business type and staff count. It legalizes your business operations and is often required for other license approvals.

GST Registration

Required if your turnover exceeds ₹40 lakh or if you supply goods/services across states. It allows you to legally collect and pay GST. Operating without GST when required can lead to penalties under the GST Act.

Udyog Aadhar (MSME) Registration

Provides access to government schemes, subsidies, and financial protection. It supports small businesses in competing at national and global levels. Registration also makes it easier to apply for MSME loans and tenders.

Other Registrations (TAN & FSSAI)

TAN is needed if your firm deducts TDS (for salary, rent, etc.). FSSAI registration is mandatory for businesses dealing with food products. These registrations build business credibility and ensure legal compliance in specific sectors.

Our Incredible Packages

Irresistible Pocket friendly Packages

GOLD

₹4999 2499/-
(all inclusive)
Registration within a week
GST Registration*
Udyam Registration (MSME)
ISO Certification (1 Year)
1 year Domain & Hosting
Basic On-Page SEO
Google Analytics & Web mails
Trademark Registration
Popular

PLATINUM

₹16999 12499/-
(all inclusive)
Registration within a week
GST Registration*
Udyam Registration (MSME)
ISO Certification (1 Year)
1 year Domain & Hosting
Basic On-Page SEO
Google Analytics & Web mails
Trademark Registration
Advance

DIAMOND

₹25999 19499/-
(all inclusive)
Registration within a week
GST Registration*
Udyam Registration (MSME)
ISO Certification (1 Year)
1 year Domain & Hosting
Basic On-Page SEO
Google Analytics & Web mails
Trademark Registration
Popular

Frequently Asked Questions

Your Questions, Answered with Clarity.
What types of businesses do you serve?

We work with startups, SMEs, e-commerce sellers, professionals, and large enterprises—providing customized audit, tax, and advisory solutions.

Yes, we handle all types of GST and Income Tax notices, reply drafting, assessments, and representation before authorities.
Absolutely! We offer end-to-end services online including consultations, documentation, filings, and support—saving your time and effort.
You’ll need PAN, Aadhaar, address proof, business name options, and a utility bill of the office location. We assist with everything.

Need A Consultation?

We are here to answer your questions 24/7

Contact Form Demo

Why Choose Us?

Best Online Company Registration in India
Understanding-Client-Needs

7-10 Working Days

"We specialize in delivering the fastest online company registration services in India. We understand the excitement of launching your first venture, and our team ensures a smooth, hassle-free process with complete dedication and precision."

Strategy

One Expert, Just for You

"The moment you choose to register your company with us, we assign you a dedicated personal assistant to guide you through every step—ensuring a seamless process, timely updates, and quick answers to all your questions."

Strategy

Lowest Possible Cost

"The first step into entrepreneurship doesn’t have to be hard—or expensive. At Lakshya Tax Consultancy, we make your business journey simple, stress-free, and affordable, offering the best CA consultancy services in India at the lowest possible cost."

Strategy

24/7 Support

"We are committed to delivering our very best, every time. Whether it’s day or night, our team is always ready to assist you—because your queries deserve timely answers. Our dedication has earned us a proud 5-star rating on Google. Contact us anytime via call, SMS, email, or WhatsApp, and experience service that never sleeps."