Proprietorship Firm Registration

  • Basic Package

    1 1 + Govt Expenses

    • Name finalization for your proprietorship
    • TAN Registration
    • ICICI bank account opening
  • Gold Package

    3000 3000 + Govt Expenses

    • All services of basic package
    • MSME Certificate
    • GST Registration
    • Inclusive of 10% discount on Services of Basic Package
  • Platinum Package

    9499 9499 + Govt Expenses

    • All services of Gold package
    • Trademark Registration (Inclusive Govt Fee)
    • Inclusive of 10% discount on Services of Gold Package

What is a Proprietorship Firm Registration?

You've jumped into the business world for yourself. You don't have excess paperwork to start a sole proprietorship. But there are some important things you need to know before starting your journey in entrepreneur’s world.

A sole proprietorship is most preferred for of business entity as it is simplest and easiest form of business to register and to maintain. There is no formal set of rules and regulation for sole proprietorship registration. However, in order to run a business there are certain requirements that are needed to fulfill.

A sole proprietorship is kind of business entity which solely owned, controlled and managed by a single person.  It is the easiest way of running business, with the ease of registration process and with lease compliances responsibilities.

Sole proprietorship is the most common form of business practiced in India and is not governed by any specific book of laws. Proprietor has the whole rights of the business to himself in terms of legal formalities, decision making, finance etc.

There is no limited liability in case of sole proprietorship. As the proprietor and the proprietorship firm is treated as the same entity, the person who manages the business is the sole director as well as the shareholder and the proprietor can also sign the agreements or contacts in his name even if the business is registered under any other name. Also, the proprietor can use their personal accounts requirements.

Any individual who is want to commence a business with low capital should choose this kind of business form. Sole Proprietorship business is mostly preferred by small businesses holders such as retail, wholesale, etc. Such businesses have the simple business plan, nominal or the least financial risk and have small product market. The business with a little or minimal capital requirements can also prefer to start their work as Sole Proprietorship.

Nowadays, Proprietorships are also required to register itself under Tax laws such as GST Registration, if it falls under a certain category. A sole proprietor registration can be done by registering their business in -

  • GST registration
  • MSME registration
  • Shop and Establishment

There are different registrations, licenses and permits to start your business that will be required along with the above registrations. This requirement depends on the kind of business a individual wants to run. For example, to start your food business as a proprietorship, you might need to register with FSSAI or get FSSAI License.

Is a sole proprietorship right for you to start?

If you're into business and haven't created a formal business structure, then probably you're already working as a sole proprietor– Next step is to understand various implications.

What are the Benefits under Proprietorship Registration - 

  • Low tax liabilities
  • Easy to control as managed by single promoter
  • Freedom to choose any business name but not registered by a company
  • Easy to start with the minimal registration process
  • Easy to shut down the company with very less compliances
  • Taxes - All business profits are personal income for a proprietor and pay self-employment tax on those profits

Steps to Apply for Sole Proprietorship

  • Create order on our Website
  • We'll collect all your documents and file them directly with the authority
  • You'll receive your completed Sole Proprietorship Company package by mail

Documents Required, Compliance & Taxes

Documents Required to Regsiter Sole Proprietorship Firm

  • Voter's ID/Passport/Driver's License
  • Passport-sized photographs
  • PAN Card
  • Latest Bank Statement/Telephone or Mobile Bill
  • Rental agreement or sale deed (in case of Shops & Establishment Act Registration).

Compliances Required by a Proprietorship Firm –

  • TDS Return Filing
  • Filing Income Tax Return
  • GST Compliances
  • Drafting of Financial Statements
  • Tax Audit Compliance
  • Documentation of invoices of sales and purchases


  • All business profits are personal income for a proprietor and pay self-employment tax on those profits.

Corpseed Four Step Process For Proprietorship Firm Registration

If above conditions satisfy your requirement, then Sole proprietorship best suits your business needs. Now in order to run a proprietorship business, a little more preparation will definitely go a long way.     


Business Licenses

There are different registrations, licenses and permits to start your business. For example, to start your food business as a proprietorship, you might need to register with FSSAI or get FSSAI License.


Tax Advice 

To Prepare & file business taxes can be complicated. Our expert CA/CS will help you to prepare and file tax forms correctly with the minimal fee and on time. 


How to get proprietorship Firm Registration?

E Wallet

Connect With Corpseed

Connect with the team corpseed to discuss specific requirements for your business at IVR: +91 7558 640 644 or It takes 20-25 minutes to discuss requirement.

E Wallet

Dedicated Manager

Once you discuss the requirement, we will align a dedicated Account managers are here to help understand your business and provide best solutions and assist you with the entire process.

Payment Gateway

Real Time Update

Use our platform to track progress of application and many more. Always know what is going on with your application, what is in progress, and what is done.

Nidhi Company

Job Completed

Once job is completed, you will receive documents directly to your email ID and at your doorstep along with 30 days payback guarantee incase not satisfied with the services.

Request a Callback

No unwanted emails | No spam, corpseed use security methods to protect your personal data from unauthorized access.

faq FAQ`s

  • Proof of business (Shops & Establishments Registration)
  • PAN card
  • Address proof
  • Identity proof

As per industry standards, it’s up to 15 business days but being expert in the industry, we complete the process within 7-10 business days, unless some objection is raised by the authority. 

  • There are multiple scenarios. For example, if you are running a departmental store and your annual turnover is greater than 5 Lakhs, then you need to register for GST.

  • In case of AC restaurant its mandatory to get GST registration

  • Local businesses like Grocery store, fast food, small traders / manufacturers etc.
  • Jewelry shops are not recommended to register under this category.

  • You can always choose to restructure your business at any point of time. Whenever you decide your business might be outgrowing its status as a sole proprietorship

  • whether you're looking to take on partners or investors, or you want the benefit of different tax options and liability protection

  • we have expert resources to help you find the business structure that's right for you.

It`s Time to Change

Compliance Officer

chnage compliance officer
  • Get 1 months free compliance support
  • 24/7 Expert Advice anytime anywhere
  • 200+ Top CA/CS/Legal Team

User Rating

4.60 average based on 278 reviews.

  • 5 star
  • 4 star
  • 3 star
  • 2 star
  • 1 star

Latest News

Customer Review

Our Valuable Clients


How can we help you?

Stay update with us

Get helpful tips and info from our newsletter!