Sole proprietorship registration
The fastest way to start trading legally, with the registrations your bank asks for before opening a current account.
What the fee covers
- Udyam registration in the business name
- GST registration where it applies
- Shop and establishment application where it applies
- Current account documentation
- A note on when to move to a company
Professional fee
1,999
professional fee, government fees at actuals
- Timeline
- 3 to 5 working days
- Filed with
- Depends on the registrations you need
What a proprietorship actually is
A proprietorship is not a separate legal entity. You and the business are the same person for tax and for liability, which makes it the quickest and cheapest way to start trading legally.
Because no central registry exists, setting one up means getting the right combination of registrations in your business name. Banks generally want two of them before they open a current account.
Best suited to
- Freelancers and single owner service businesses
- Small retail and trading operations
- Sellers testing a business before incorporating
- Anyone who needs a current account in a business name
Documents you need
- PAN and Aadhaar of the proprietor
- Passport size photograph
- Proof of the business address
- Electricity bill or rent agreement for the premises
- Bank details for the current account
Scanned copies are enough to begin. We check every document against the department's current format before filing, because a rejected form costs more time than a resubmitted scan.
How the filing runs
Get free consultationPick the right registrations
A proprietorship is not a separate legal entity, so we work out which registrations your bank and your customers actually need.
Udyam registration
The Udyam certificate carries your business name and is the document most banks accept as proof of the firm.
GST or shop and establishment
We add whichever applies to you, based on turnover, the states you supply to and the rules your state enforces.
Current account paperwork
Certificates are compiled into the set banks ask for, so the account opens on the first visit.
What it costs
1,999
professional fee, government fees at actuals
Typical timeline: 3 to 5 working days
Get free consultationTen percent below any comparable quote
Send us a written quote from another online filing platform for the same scope of work. We do the same filing for ten percent less, and the difference is shown in your quote before you pay anything.
- Applies to professional fees on like for like scope and turnaround
- Government fees and stamp duty are statutory and are charged at actuals by everyone
- The quote you send has to be current and in writing
Sole proprietorship questions
Is there a single sole proprietorship certificate?
No. There is no central registry of proprietorships. What exists is a set of registrations in your name, and banks generally accept two of them together as proof of the business.
Do I need GST as a proprietor?
Only if you cross the turnover threshold for your state, supply across state lines, or sell through an e-commerce marketplace. Many small local proprietors do not need it at all.
How is a proprietorship taxed?
Business income is added to your personal income and taxed at your slab rate. There is no separate company return, which is what makes the structure simple to run.
When should I move to a company?
When you take on a partner, raise money, sign contracts that need a separate entity, or when personal liability starts to matter. Conversion is straightforward, so starting simple is rarely a mistake.
Talk to a CA about sole proprietorship
Send your details and a chartered accountant calls you back with the document checklist, the timeline and the exact cost for sole proprietorship.
Reach us directly
22-1-3 Rajapangal Road, 7th Line, Ongole, Andhra Pradesh 523001. The office is open 10am to 7pm, Monday to Saturday, and WhatsApp and phone are answered around the clock.