Set up a sole proprietorship with the right business identity: Udyam, GST, shop licence and a current account.
A proprietorship is the simplest business form in India, and the one most small shops, freelancers and home businesses begin with. There is no single "proprietorship certificate"; the business is recognised through a set of registrations. We help you choose the right ones for your activity and complete them in the right order.
A sole proprietorship is a business owned and run by one individual. Legally the owner and the business are the same person, so the proprietor has unlimited liability and files the business income in his or her own income tax return. There is no separate Act or registrar for proprietorships.
In practice, a proprietorship gets its identity through documents such as Udyam registration, GST registration (if required), a shop and establishment licence from the local authority, trade licence, and a current account in the business name. We prepare and file these as relevant to your trade.
You may need it if any of these describe you.
No ROC filing or audit requirement merely for being a proprietorship; the owner files one income tax return.
The business can begin trading as soon as the needed local licence and bank account are in place.
All decisions rest with the owner and profits are not shared.
Udyam registration helps with priority-sector lending and some government schemes.
Records and the bank history we help set up make it easier to convert to an LLP or company later.
Buying and selling goods; GST registration depends on turnover and the type of supply.
Consulting, repairs, agencies and similar services.
Small production units; Udyam, factory and pollution-related licences may apply.
Selling through marketplaces; GST registration is generally needed to sell goods through e-commerce operators.
Keep these ready to avoid delays. Send scans or photos over WhatsApp - never share passwords or OTPs.
Plain-English notes. Always verify against the official notification.
| Section / rule / form | What it means |
|---|---|
| Udyam Registration | Free, Aadhaar-based online registration for micro, small and medium enterprises; proprietors with GST registration must also provide GSTIN. |
| State Shops and Establishments Acts | Most states require a registration or licence for shops and commercial establishments; rules vary by state. |
| CGST Act, 2017 | Registration is required above the applicable aggregate turnover threshold and in specified cases regardless of turnover, such as inter-state supply of goods or supply through e-commerce operators. |
| Income-tax Act, 1961 (FY 2025-26) | Proprietorship income is taxed in the owner's hands; presumptive taxation under section 44AD/44ADA may be available. The Income-tax Act 2025 applies from tax year 2026-27. |
Statutory dates can be extended by notification - check the official portal before relying on them.
| Activity | Due date |
|---|---|
| Income tax return of the proprietor | As notified for the assessment year; verify on incometax.gov.in |
| Advance tax | Quarterly instalments as per the Income Tax Act if tax liability crosses the threshold |
| GST returns | As per your registration type and filing frequency |
Plans from our Company Registration Pricing list. Government charges and GST are shown separately.
18% GST extra on professional fees
+ 2 more in this plan
18% GST extra on professional fees
+ 2 more in this plan
18% GST extra on professional fees
+ 2 more in this plan
18% GST extra on professional fees
+ 2 more in this plan
| Feature | Proprietorship | Partnership Firm | Private Limited Company | Pvt Ltd Launch Pack |
|---|---|---|---|---|
| Entity type | Proprietorship | Partnership | Pvt Ltd | Pvt Ltd + launch |
| Deed / MOA & AOA drafting | Deed | |||
| PAN for the entity | Individual | |||
| TAN | ||||
| DSC included | 2 directors | 4 directors | ||
| GST registration | ||||
| Bank account support | Checklist | Letter | Checklist | Full support |
| Compliance calendar | Starter | First year |
We never mark up government payments.
Starts at ₹1,999 for a package of Udyam, local licence guidance and set-up checklist, before 18% GST. GST registration and bank assistance can be added.
Udyam registration is free. Shop licence and trade licence fees are set by your state or municipality and paid at actuals.
Any stamp paper, notary or local authority charges are paid by you.
What you receive from us.
No single one. A proprietorship is recognised through registrations such as Udyam, shop licence, GST (if applicable) and the PAN and bank account. We help you obtain the ones relevant to your business.
Banks usually ask for proof of the business such as an Udyam certificate, GST certificate or a shop and establishment licence, plus your KYC. Requirements vary by bank, so we prepare the document set accordingly.
It is cheaper and simpler, but you carry unlimited personal liability and have limited credibility for large contracts and funding. If you plan to scale, hire many people or raise money, LLP or private limited can be a better fit.
Only if your annual turnover exceeds the applicable threshold or you fall under mandatory registration, such as inter-state supply of goods or selling via e-commerce operators. We check your case and advise.
Yes. The business can be taken over by a company or LLP, with the related transfer of assets, registrations and GST. We can plan this when you are ready.
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