Sole Proprietorship Registration
A Sole Proprietorship is a type of unregistered business entity that is owned, managed and controlled by one person. Sole Proprietorship is the most common form of business in India, used by most micro and small businesses operating in the unorganised sectors. Proprietorships are very easy to start and have very minimal regulatory compliance requirement for starting and operating. So, its ideal for small businesses and first-time Entrepreneurs who would like to get a taste for business.
Proprietorships are ideal for very small businesses in the unorganised sector. eFiling India offers proprietorship registration from Rs.499/-
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Procedure To Obtain Sole Proprietorship Firm Registration
Drafting Documents
Application Filing
Application Processing
Completion of Registration
Pay as you grow pricing
All Inclusive Pricing – No Hidden Fee
Rs 499
MSME Registration
- Same Day Process
- Share Your Documents
- Pay Via Payment Gateway
- Get Certificate Same Working Days
Rs 499
GST Registration
- Same Day Process
- Share Your Documents
- Pay Via Payment Gateway
- Get Certificate 3-7 Working Days
Rs 499
Tan Registration
- Same Day Process
- Share Your Documents
- Pay Via Payment Gateway
- Get Letter 10-15 Working Days
Frequently asked questions
What is the minimum capital requirement for the registration of sole proprietorship ?
No minimum capital has been required.
For which services or business category, sole proprietor firm can be opted?
Generally, local vendors doing small scale business opt for sole proprietor firm. For example: general provision store, grocer, medical shops, bakery shops, restaurant etc.
Does a sole proprietor firm have continuous existence?
No, the existence of a sole proprietorship business is dependent on the life of the proprietor.
What are the documents required for the sole propriety registration?
- PAN Card copy of proprietor
- Electricity/Water bill (Business Place).
- Copy of Aadhaar Card/Voter identity card.
How long does it take to establish a business with Sole Proprietorship?
It will not take more then a days to start up a business as Sole Proprietorship.
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