REGISTER A PROPRIETORSHIP FIRM

Keynotes on Proprietorship Firm Registration

  • It takes 10 to 15 days for Proprietorship Firm Registration
  • Completely online service – No physical presence required
  • No minimum capital requirement

Understanding Sole Proprietorship Registration
By NYAY SARTHI INDIA FILINGS

Key Features:
✓ Simplest business structure
✓ Single owner with unlimited liability
✓ No legal distinction between owner & business

Primary Benefits:
• Easy to establish (no formal registration required)
• Direct tax filing under owner’s PAN
• Complete control over operations

Common Use Cases:
✔ Freelancers/consultants
✔ Home-based businesses
✔ Small retail shops

Banking Requirement:
→ Needs GST registration (if applicable) for current account
→ Recommended to register under:

  • Shops & Establishment Act

  • MSME for added benefits

Our Registration Support Includes:
✔ Trade name registration
✔ GST/MCA filings
✔ Current account opening assistance

Start Your Business in 48 Hours!

What is known as sole proprietorship registration in India?

Simplified Sole Proprietorship Registration Process
By NYAY SARTHI INDIA FILINGS

1. Digital Registration Options

A. MSME/Udyam Registration
✓ Benefits:

  • Priority sector lending

  • Tax subsidies

  • Easier government tenders
    ✓ Process: Online via Udyam portal

B. Shop & Establishment Act
• State-specific registration
• Mandatory for physical businesses
• Valid for 5 years (renewable)

C. GST Registration
✓ Required if:

  • Turnover exceeds ₹40L/₹20L (goods/services)

  • Inter-state supply
    ✓ Enables input tax credit

2. Banking Essentials
• Open current account in business name
• Documents needed:

  • PAN card

  • Address proof

  • Registration certificate

Why Register?
✔ Legal business identity
✔ Easier loan approvals
✔ GST compliance (if applicable)

Our Hassle-Free Services:
✓ End-to-end digital registration
✓ Bank account assistance
✓ Compliance advisory

Start Your Business in 3 Days!

Aspects of Sole Proprietorship firm registration

Key Characteristics of Sole Proprietorship
By NYAY SARTHI INDIA FILINGS

1. Financial Structure
✓ Funding: Personal capital or loans
✓ Profit Retention: 100% owner entitlement
⚠ Liability: Unlimited (personal assets at risk)

2. Ownership & Control
• Single decision-maker
• Complete operational autonomy
• Business continuity tied to owner

3. Legal Status
✓ No separate legal identity
✓ Minimal regulatory compliance
✓ Easy dissolution process

Advantages vs. Risks

ProsCons
Quick setupPersonal liability
Full profit retentionLimited growth capital
Direct tax benefitsBusiness continuity risks

Ideal For:
✔ Micro-enterprises
✔ Freelancers/consultants
✔ Trial business ventures

Our Registration Package Includes:
✔ MSME/GST registration
✔ Current account assistance
✔ Compliance checklist

Needs after the registration of Sole Proprietorship Business

  • Essential Compliance for Sole Proprietors
    By NYAY SARTHI INDIA FILINGS

    1. GST Registration Must-Dos
    ✓ Register if turnover exceeds ₹40L/₹20L (goods/services)
    ✓ Select correct HSN/SAC codes
    ✓ File returns monthly/quarterly via GST portal

    2. MSME Benefits
    • Register on Udyam portal for:

    • Collateral-free loans

    • 50% subsidy on patent fees

    • Tax rebates

    3. Tax Management
    ✓ Report all business income under “Profits & Gains” in ITR
    ✓ Maintain separate books of accounts

    Our Compliance Services:
    ✔ GST registration & return filing
    ✔ MSME certification
    ✔ Tax planning advisory

    Avoid Penalties!
    Get expert guidance for:
    → GST invoice compliance
    → Input tax credit claims
    → Annual ITR filing

Process of Proprietorship Company Registration

Simplified Sole Proprietorship Registration Process
By NYAY SARTHI INDIA FILINGS

4-Step Registration Flow

  1. Select Registration Type
    ✓ GST | MSME | Shop Act
    ✓ Our experts guide optimal choice

  2. Document Submission
    • Upload via secure portal:

  • PAN/Aadhaar

  • Address proof

  • Bank details

  1. Payment & Processing
    ✓ Transparent pricing (₹999 onwards)
    ✓ Real-time application tracking

  2. Certificate Delivery
    • E-certificate via email in 3-5 days
    • Physical copy by courier (optional)

Why 10,000+ Entrepreneurs Chose Us?
✔ 100% digital process
✔ 24-hour document verification
✔ Lifetime compliance alerts

Documents necessary for Sole Proprietorship Registration

Sole Proprietorship Registration Essentials
By NYAY SARTHI INDIA FILINGS

Basic Document Checklist:

  1. Identity Proof
    ✓ PAN Card (mandatory)
    ✓ Aadhaar Card

  2. Address Proof (for business)
    • Electricity bill (≤2 months old)
    • Rent agreement + NOC (if rented)

  3. Banking Requirement
    ✓ Cancelled cheque
    ✓ Personal account statement

Note: No formal registration required unless:
→ Applying for GST (threshold: ₹40L/₹20L)
→ Seeking MSME benefits

Our Quick Registration Services:
✔ GST/Udyam registration in 24 hours
✔ Current account opening support
✔ Free compliance guide