Sole Proprietary Registration

It’s a type of unregistered business entity owned, managed and run by one person, mostly for micro and small businesses operating in the unorganized and organized sector both. It requires very few regulatory compliance and regulations, and is ideal for entrepreneurs who are getting into business with few clients. It must also be noted that a proprietor and proprietorship are the same legal entity.

Documents required for Sole Proprietorship Registration :

  • Business Licenses- irrespective of the type of legal entity, one is required to apply for business license. These are permits which are issued by the government or government agencies that permits an individual or companies to conduct business within government’s jurisdiction. It also involves authorization to run a business by local government or agencies
  • Tax Registration – it is necessary proprietors to get tax registration from the authorities, which should include GST registration, ESI or PF registration, and professional tax registration