Start Your Business Easily with Proprietorship Registration
A Sole Proprietorship is the simplest and most cost-effective way to start a business in India.
Owned and managed by a single individual, it offers complete control with minimal compliance requirements.
At N D Savla & Associates, we assist entrepreneurs, freelancers, and small businesses in registering their
Proprietorship Firm online with a smooth, hassle-free process.
What is a Sole Proprietorship?
A Sole Proprietorship is a business structure where the owner and the business are legally the same entity.
It is ideal for small-scale businesses with limited resources and fewer than five employees.
While easy to form, this structure does not offer limited liability protection, meaning the proprietor is
personally responsible for all business debts and obligations.
How N D Savla & Associates Helps You Register
Our team ensures a seamless registration process with professional assistance at each step:
• Guidance on choosing Sole Proprietorship as your business structure
• Assistance in document preparation (PAN, Aadhaar, GST, etc.)
• Online registration support and compliance advisory
• Setup of business bank accounts and required registrations
Benefits of Sole Proprietorship Registration
Easy Registration
Minimal documentation and quick registration process.
Low Compliance
Fewer regulations compared to LLPs or companies.
Complete Control
Full authority over operations and financial decisions.
Cost Effective
No complex structures or costly audits required.
Quick Decisions
Faster execution without partners or shareholders.
Simplified Operations
Ideal for freelancers and small businesses seeking flexibility.
Key Registrations for Sole Proprietorship
- PAN Card of the proprietor
- Aadhaar Card
- GST Registration (if turnover exceeds limits)
- Business Current Account setup
- Shops & Establishments Act Registration
- MSME/UDYAM Registration for government benefits
Sole Proprietorship Registration Process
- Prepare PAN and Aadhaar documents
- Apply for GST Registration (if required)
- Open a Business Current Account
- Obtain Shops & Establishments License (state-specific)
Advantages of Online Proprietorship Registration
• Fast and simple process
• Low costs and minimal compliance
• Complete control and transparency
Disadvantages to Consider
• Personal liability for all business debts
• Limited fundraising options
• No separate legal identity
• Business continuity depends on the proprietor
Documents Required
- PAN Card
- Aadhaar Card
- Bank Statement
- GST Registration (if applicable)
- Shops & Establishment License
Compliance Requirements for Proprietorship
- Income Tax Return filing (ITR-3 or ITR-4)
- GST returns (monthly/quarterly)
- TDS returns (if applicable)
Why Choose N D Savla & Associates?
• Expert guidance throughout the registration process
• Fast turnaround time
• Affordable pricing for SMEs and startups
• End-to-end compliance support including GST and taxation