Sole Proprietorship Firm Registration @ ₹1,999 Only [All Included]
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Sole Proprietorship Firm Registration

Proprietorship Registration @ ₹1,999
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Sole Proprietorship Registration Online - Benefits, Process, Documents, Fees

MSME Certificate sample
Department of Labour sample
GST certificate sample

What is a Sole Proprietorship Firm?


Sole proprietorship is a type of business entity which is owned and managed by a single person only. It is not governed by any law and hence it is the easiest form of business in India. All the decisions and management of the business is in the hands of one person.

Benefits of Proprietorship Firm Registration


Benefits of Proprietorship Firm Registration

  1. Minimal Compliances: A proprietorship firm has very minimal compliance requirements which makes it much more preferable option than One Person Company.
  2. Easy to Start: Sole Proprietorship is not governed by any law and does not require any mandatory registration. Hence, it is the easiest way of starting a business entity.
  3. Lower cost: As there are minimal compliances, there is no need to hire an auditor for meeting the legal compliance requirements.
  4. Complete control: As a proprietorship firm is owned by a single person, he has the complete control over the business decisions and there are no interventions of any kind.

Registrations required for Sole Proprietorship Firm


GST Registration

1. GST Registration

MSME Registration

2. MSME Registration

Shop and Establishment Act License

3. Shop and Establishment Act License

Procedure of Sole Proprietorship Firm Registration

Procedure of Sole Proprietorship Firm Registration

  • Step 1. Application for GST Registration
  • Depending upon the requirement of the business and GST Law, application for GST registration has to be made with the department. GST registration usually takes around 5-10 working days.
  • Step 2. MSME Registration
  • To establish the existence of your proprietorship firm and avail various benefits, you’ll have to file an application for registering your firm as Small and Medium Enterprise (SME) under the MSME Act. It is beneficial for the business at the time of taking out a loan. The government runs various schemes for SMEs to provide loans at low-interest rates.
  • Step 3. Application for Shop and Establishment License
  • You are required to obtain a shop and establishment license according to the local laws. It is issued by the municipal corporation on the basis of the number of employees or workers in the firm.
  • Step 4. Bank Account Opening
  • Once all the steps are completed, the current bank account should be opened by the proprietorship firm. You can contact us for assistance with your current bank account opening.

Online Proprietorship Firm registration with Professional Utilities


The process of registering your business as a sole proprietorship firm is not much complicated. Our experts at Professional Utilities can make the whole registration process hassle-free for you. Register your firm online in 3 easy steps:

Fill our simple form

Step 1: Fill our simple form and receive a callback from our team of experts.

Provide all the required documents

Step 2: Provide all the required documents for registration of the firm and make 50% payment in advance.

Your incorporation certificate

Step 3: Your documents will be delivered to you and you’ll have to make the balance payment.

Documents required for Sole Proprietorship Registration


Copy of Aadhar Card

1. Copy of Aadhar Card

Copy of PAN Card

2. Copy of PAN Card

Address proof of office

3. Address proof of office

Apply for Sole Proprietorship Registration

Documents you’ll get after proprietorship registration


Post incorporation of your sole proprietorship firm, you’ll receive the following documents:

  1. GST Registration Certificate
  2. Shop and Establishment Act License
  3. MSME Certificate

Sole Proprietorship Firm registration fees


The total fees for registration of Sole Proprietorship Firm in India is ₹1,999 including government and professional fees. The main cost is mandatory registrations for existence of proprietorship firm like GST registration, MSME registration, etc.

Time required for Proprietorship registration


On average, it takes around 7-10 working days for registration of sole proprietorship firm in India subject to document verification by the concerned authorities.

Why Professional Utilities?


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Frequently Asked Questions (FAQs)


 How do I register my business as a sole proprietorship?

You can register your business as a sole proprietorship by GST registration. There are additional and beneficial registrations too like MSME, Shop & License License, etc.

 What are 3 advantages of a sole proprietorship?

The three advantages of a sole proprietorship are:

  1. Minimal Compliances requirement
  2. Easy to Start
  3. Lower Cost

 Do I need a GST number as a sole proprietor?

Yes, one needs to obtain GST registration in order to establish the existence of the proprietorship firm.

 How long does it take to register a Sole Proprietorship firm?

On average, it takes around 7-10 working days for registration of sole proprietorship firm in India subject to document verification by the concerned authorities.