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Sole Proprietorship Registration in India

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What’s Included?

*Extra fees may apply for additional directors or authorized capital or registration in Madhya Pradesh, Kerala, and Punjab due to higher stamp duty fee in these states.

How It Works

1. Fill the Form

Simply fill the above form to get started

2. Get a Call Back

Our expert will connect with you & complete the legalities

3. Get Incorporated

Get your Partnership Firm Incorporation

Benefits of Registering as a Sole Proprietor

Ease of Dissolution

Dissolving or terminating a Sole Proprietorship in India is straightforward, requiring minimal legal formalities such as obtaining TDS. Additionally, selling assets or transferring ownership is uncomplicated, providing flexibility to the proprietor.

Minimal Compliance

Sole Proprietorship setup involves minimal compliance, making it economically viable compared to other business structures like Companies or LLPs. This simplicity in registration and ongoing obligations reduces operational costs.

Sole Profit Ownership

A significant advantage of Sole Proprietorship is that the owner retains sole entitlement to all business profits. Unlike partnerships or corporations where profits are shared, the proprietor enjoys full ownership over the earnings.

Quick Decision-Making

With decision-making solely in the hands of the proprietor, Sole Proprietorships enable swift responses to business matters. This autonomy facilitates agile decision-making without the need for consensus from other stakeholders.

Complete Control

Sole Proprietors have absolute control over their business operations. Being the sole decision-maker, they oversee all aspects of the business, ensuring confidentiality and maintaining full authority over business affairs.

Sole Proprietorship Application Process

Day 1-2

Document Submission & Verification

Day 3-5

Application Filing

Day 5-7

Successful Company Registration

Documents Required for Online Company Registration

Sole Proprietorship offers a straightforward path to business initiation in India. Legally, there’s no distinction between the business and its owner. Here’s a list of essential documents needed for Sole Proprietorship Registration in India:

Identity and Address Proof

  • Scanned copy of PAN card or passport (foreign nationals & NRIs)
  • Scanned copy of voter ID/passport/driving
  • Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill
  • Scanned passport-sized photograph specimen signature (blank document with signature [Directors’ only])

Registered Office Proof

  • Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill
  • Scanned copy of notarised rental agreement in English
  • Scanned copy of no-objection certificate from the property owner
  • Scanned copy of sale deed/property deed in English (in case of owned property)

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