Easily Register a Proprietorship
Proprietorship is an alias for the Proprietor to do business. Proprietorships are ideal for very small businesses in the unorganised sector.Filling Guru offers proprietorship registration from Rs.2899/-
From Rs.2899 /- all inclusive fees EMI: Rs.259 for 12 months*
A sole proprietorship is a type of unregistered business entity that is owned, managed and controlled by one person. Sole proprietorship's are one of the most common forms 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 started and operating. However, after the startup phase, proprietorship's do not offer the promoter a host of benefits such as limited liability proprietorship, corporate status, separate legal entity, independent existence, transferability, perpetual existence - which are desirable features for any business. Therefore, proprietorship registration is suited only for unorganised, small businesses that will remain small and/or have a limited period of existence.
There is no mechanism provided by the Government of India for the registration of a Proprietorship. Therefore, the existence of a proprietorship must be established through tax registrations and other business registrations that a business is required to have as per the rules and regulations. For instance, VAT or Service Tax or GST Registration can be obtained in the name of the Proprietor to establish that the Proprietor is operating a business as a sole proprietorship. Thus, all the registrations for a proprietorship would be in the name of the Proprietor, making the Proprietor personally liable for all the liabilities of the Proprietorship.
Filling Guru is the market leader in company registration services in India, offering a variety of company registration like private limited company registration, one person company registration, Nidhi Company Registration, Section 8 Company Registration , Producer Company Registration and Indian Subsidiary registration. The average time taken to complete a proprietorship registration is 3 - 5 working days, subject to government processing time and client document submission. Get a free consultation for proprietorship registration and business setup in India by scheduling an appointment with an Filling Guru Advisor.
Reasons to Register a Proprietorship Firm
Documents Required forProprietorship Registration
Identity and Address Proof
Identity and address proof will be required for all directors and shareholders of the company to be incorporated. In case of Indian nationals, PAN is mandatory. For foreign nationals, apostilled or notarised copy of passport must be submitted mandatorily. All documents submitted must be valid. Residence proof documents like bank statement or electricity bill must be less than 2 months old.
Registered Office Proof
All companies must have a registered office in India. To prove access to the registered office, a recent copy of the electricity bill or property tax receipt or water bill must be submitted. Along with the utility bill, rental agreement or sale deed and a letter from the landlord with his/her consent to use the office as a registered office of a company must be submitted.
Pick The Best Plan For You
SIMPLE & TRANSPARENT PRICING
Rs.10899all inclusive fees
- Proprietorship registration with TAN registration, GST registration, MSME under Udyog Aadhaar, 1 year GST return filing or trademark filing and LEDGERS accounting software. Inclusive of government fee and taxes.
Check Company Name Availability
Check availability of company or LLP name in India against the MCA and trademark database.
How we help with proprietorship registration
Filling Guru can help you register a proprietorship in 3 to 5 days, subject to government and client processing time.
Got questions? Request a call from an Filling Guru Business Advisor.
Proprietorships do not have a specific process for incorporation. Hence, our Business Advisors will advice you on the way the best way for establishing the identity of the Proprietorship firm and opening a bank account, on a case by case basis.
The identity of a Proprietorship can be established through Tax Registrations like TAN or VAT registration or Service Tax registration of GST registration in the name of the proprietor. Hence, based on the type of business, the relevant tax registration is obtained for the business.
Udyog Aadhaar is a registration for all micro, small and medium sized businesses. Udyog Aadhaar registration along with a tax registration can be used for opening of bank account. Hence, Udyog Aadhaar registration is obtained for the business.
REASONS TO CHOOSE FILLING GURU
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