Sole Proprietorship Registration
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Our Professionals will help you in getting your Company registered under Companies Act, 2013 and help you in getting Business licenses necessary for smooth running of businesses. We will create all the required documents and file them on your behalf
- Be Your Own Boss - Register sole proprietorship with Arama
- Get expert help for a quick and easy registration process.
- Open a zero-balance account instantly.
- Obtain your PAN, GST and MSME effortlessly.
- Get a free consultation and start your entrepreneurial journey today!
Sole Proprietorship Registration – An Overview
The simplest and most common form of business structure in India,
owned, managed and operated by one person, is called Sole
Proprietorship. Also known as solo entrepreneurship,
proprietorship, or lone tradership, it is an ideal choice
for small businesses and solo entrepreneurs. A sole
proprietorship registration is a recommended type by
entrepreneurs who want complete control over their business.
While such businesses can employ others to work for them,
a sole proprietorship is not recognized as a separate
legal entity.
There is no legal difference between the business and its
owner, making the owner wholly responsible for the profits,
debts and business liabilities. Unlike other business
forms, sole proprietorship does not mandate formal
business registration with the Ministry of Corporate
Affairs (MCA). However, obtaining a Shop and
Establishment Act License, GST registration and other
permits essential to the business for legal operations
is critical.
Checklist for Sole Proprietorship Firm Registration:
- Choose a perfect company name for your sole proprietorship business
- Open a Business Bank account in the company name
- Get Registered as an MSME
- Procure required license including FSSAI license or shop and establishment Act license
- GST registration
- Obtain all the required certification under Shop and Establishment Act of 1947 ( if applicable).
- Based on the business requirement you can register for ESIC or EPFO
Eligibility Criteria for Sole Proprietorship Registration:
- The applicant should be above 18 years.
- The applicant should be an Indian Citizen.
- They should have the legal capacity to enter into a contract.
- The proprietor should not have any legal disabilities.
- The applicant should not be declared bankrupt or convicted for a felony previously.
- The purpose of the business should be clearly outlined while starting a sole proprietorship.
- The business should be a lawful activity and must avoid selling illegal goods and services.
- The business should have a unique name that has not been registered previously.
Documents Required:
- 2 Photos of the proprietor
- Identity Proof
- Office Address Proof
- Bank Account
- PAN copy of the Proprietor
- Address Proof
- Rental Agreement or Sales Deed or Lease Deed
Steps to Register a Sole Proprietorship in India :
-
Register your Business Name
Consult our legal experts and choose a proper name for your sole proprietorship. Our team will assist you in registering your business name. -
Get your PAN, GST, and MSME Registration Done
Our team will help you get your Udyam registration certificate and GST registration done in one go! -
Obtain Shop and Establishment Act License
Submit all the required documentation, and we will file the registration form for your sole proprietorship. -
Open a Current Account
After business registration, we will assist you in opening an instant zero-balance current account. Our team also provides GST, ITR annual filing, and trademark registration support.
Fees:
| Component | Approximate Fees (INR) | Remarks |
|---|---|---|
| GST Registration | Free (Government portal) | Mandatory if turnover exceeds ₹40 lakhs |
| MSME (Udyam) Registration | Free | Optional but beneficial for small businesses |
| Shop & Establishment License | ₹1,000 – ₹5,000 | Varies by state and business size |
| CA or Consultant Charges (if any) | ₹1,000 – ₹3,000 | For handling paperwork and legal formalities |
| PAN Application (if not available) | ₹110 | One-time fee for applying through NSDL or UTIITSL |
| Current Account Opening | Varies by Bank | Usually requires minimal balance maintenance |
Choose the Best Proprietorship Firm Package
Starter / Lite
Ideal for initiating company registration
₹499
What you'll get:
- Expert assisted process
- GST or MSME registration (anyone)
Standard
Perfect for registration and tax filings
₹3,499
What you'll get:
- Expert assisted process
- GST registration
- MSME registration (Udyam)
- GST filing for one financial year (upto 300 transactions)
Premium
Perfect for registration and complete tax filings support
₹5,999
What you'll get:
- Expert assisted process
- GST registration
- MSME registration (Udyam)
- GST filing for one financial year (upto 500 transactions)
- ITR filing