Running a Private Limited Company in India comes with yearly legal and regulatory obligations under the Companies Act, 2013 and Income Tax Act. Fulfilling annual compliances ensures your company remains active, avoids penalties, and builds strong financial credibility.
Requirements for Sole Proprietorship Registration
Owner – Only one person is required to start and manage the business.
Business Name – Should be unique (can be registered as a trademark for protection).
PAN & Aadhaar – Mandatory for proprietor.
Registered Office Address – Proof of business premises (ownership or rental + utility bill).
Bank Account – A current account in the name of the proprietorship is recommended.
Business Registrations (as applicable) –
GST Registration (for businesses above turnover threshold or dealing interstate)
MSME / Udyam Registration (for government schemes & loans)
Shops & Establishment License (depending on state law)
Professional Tax Registration (in applicable states)
Documents Required for Proprietorship Registration
|
Category |
Document Required |
Purpose / Use |
|
Proprietor |
PAN Card |
Mandatory identity proof |
|
|
Aadhaar Card |
Secondary identity proof |
|
|
Passport-size Photograph |
For official records |
|
Address Proof (Individual) |
Voter ID / Driving License / Passport / Utility Bill |
Residential verification |
|
Business Proof |
Utility Bill of Office Premises |
Proof of business address |
|
|
Rent Agreement + NOC (if rented) |
Owner’s consent to use premises |
|
|
GST Registration Certificate (if applicable) |
Tax compliance proof |
|
|
MSME/Udyam Certificate (if opted) |
Recognition for subsidies & benefits |
|
|
Shops & Establishment License (if applicable) |
State-specific business compliance |
Post-Registration Kit (What You Receive After Proprietorship Registration)
|
Deliverable |
Description / Use |
|
GST Registration Certificate |
Proof of tax compliance (if GST applied). |
|
MSME / Udyam Registration Certificate |
Enables access to loans, subsidies, and government schemes. |
|
Shops & Establishment License |
Required for physical shops/offices in many states. |
|
Professional Tax Registration (if applicable) |
State-wise tax compliance. |
|
Current Bank Account in Business Name |
Enables smooth financial transactions. |
|
Trademark Registration (if applied separately) |
Protects your brand name & logo. |
Easy & Quick Setup – No complex registration process; can be started with just PAN, Aadhaar, and business proofs.
Full Control – 100% ownership and decision-making power remain with the proprietor.
Minimal Compliance – No mandatory audits or board meetings, unlike companies.
Cost-Effective – Cheapest form of business registration with low compliance costs.
Tax Benefits – Income is taxed as individual income, which may result in lower tax liability for small businesses.
Business Name Flexibility – Proprietor can choose any business name (subject to trademark rules).
Easy & Quick Setup – No complex registration process; can be started with just PAN, Aadhaar, and business proofs.
Full Control – 100% ownership and decision-making power remain with the proprietor.
Minimal Compliance – No mandatory audits or board meetings, unlike companies.
Cost-Effective – Cheapest form of business registration with low compliance costs.
Tax Benefits – Income is taxed as individual income, which may result in lower tax liability for small businesses.
Business Name Flexibility – Proprietor can choose any business name (subject to trademark rules).
Easy & Quick Setup – No complex registration process; can be started with just PAN, Aadhaar, and business proofs.
Full Control – 100% ownership and decision-making power remain with the proprietor.
Minimal Compliance – No mandatory audits or board meetings, unlike companies.
Cost-Effective – Cheapest form of business registration with low compliance costs.
Tax Benefits – Income is taxed as individual income, which may result in lower tax liability for small businesses.
Business Name Flexibility – Proprietor can choose any business name (subject to trademark rules).
Register your OPC online with MCA approval – ideal for solo entrepreneurs and professionals seeking legal protection with single ownership.
LLP (Limited Liability Partnership) Registration is the ideal business structure for entrepreneurs seeking limited liability with flexible management. Governed by the LLP Act, 2008, it offers the benefits of a partnership with the legal protection of a company.
Section 8 Company Registration in India is ideal for organizations established with a charitable or not-for-profit purpose — such as promoting education, social welfare, art, science, sports, environment protection, or similar objectives.
A Partnership Firm is one of the oldest and most trusted forms of business registration in India. It is governed by the Indian Partnership Act, 1932 and is suitable for small and medium-sized businesses where two or more people want to share ownership, profits, and responsibilities.
Contact us today to discuss your requirements and get a personalized quote
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