Proprietorship Registration in India
- Ideal for first-time entrepreneurs
- Expert assistance at every step
- GST, PAN & MSME Registration support
- No minimum capital required
- Fast registration process – get started in 1 day
Proprietorship Registration
Rs. 3,999.00/- All Inclusive
Disadvantages ofProprietorship Compared to OPC ![]()
No Separate Legal Entity
Unlimited Liability
Lack of Business Continuity
Limited Funding Options
No Corporate Image
Limited Expansion Potential
Key Features of aSole Proprietorship ![]()
- Single Ownership
- Easy to Start and Operate
- No Separate Legal Entity
- Unlimited Liability
- Complete Control
- Simple Taxation
DocumentRequired ![]()
Proprietor’s PAN
Self attested pan card front & back copy of all Proprietor’s to be appointed
Proprietor’s Photograph
Passport size professional photograph of all Proprietor’s to be appointed
Identity Proof
Adhaar Card / Voter ID / Passport / Driving License of the all Proprietor’s to be appointed
Proprietor’s Address Proof
Additional Address proof with Present address( Mobile bill ,Telephone bill , Electricity bill , latest Bank Statement)
Process To Follow For Registration
Registering your Proprietorship company is simple and streamlined. Just follow these four easy steps to get started legally, build trust, and operate your business with a registered identity.
1. Start Application
Share basic info about your business.
2. Add Documents
Attach ID, address, and business proof.
3. Verify and Approve
We check everything before submission.
4. Launch with License
Get your certificate and start operations.
Explore OurPackages ![]()
Rs. 3,999/-
- Partnership Deed
- PAN & TAN
- GST Registration
- MSME Registration
- 1 Year GST Returns
- 1st Year Annual Filing
Rs. 9,999/-
- Partnership Deed
- PAN & TAN
- GST Registration
- MSME Registration
- 1 Year GST Returns
- 1st Year Annual Filing
Rs. 14,999/-
- Partnership Deed
- PAN & TAN
- GST Registration
- MSME Registration
- 1 Year GST Returns
- 1st Year Annual Filing
Difference Between OPC & Proprietorship ![]()
| Particulars | Sole Proprietorship | OPC |
|---|---|---|
| Registration | No compulsory registration | Should be registered under the Companies Act, 2013 on the MCA website |
| Legal status | Does not have a separate legal status | Has a separate legal status |
| Members liability | Sole proprietor has unlimited liability | Member has limited liability |
| Nominee | Does not require a nominee | Requires a minimum of one nominee to establish an OPC |
| Directors | No directors required | Minimum of one director is required |
| Foreign ownership | Not allowed | Allowed when one is the director and the other is the nominee but both cannot be foreign citizens |
| Transferability | Cannot be transferred | Can be transferred to the nominee |
| Survival | Comes to end upon the death or retirement of the sole proprietor | Existence is independent of member since the nominee or director will continue OPC upon the member’s death |
| Taxation | Taxed in the individual slab rate | Tax rate is 30% on profits plus cess and surcharge |
| Annual filings | Filing of only income tax returns | Filings with the Registrar of Companies (ROC) as per the Companies Act, 2013 and Income Tax Act |
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ComparisonChart ![]()
| Basis of Comparison | Company | LLP | Partnership | Proprietorship |
|---|---|---|---|---|
| Overview | Private Limited Company is the preferred choice of business for startups or if you plan to raise funding | Limited Liability Partnership is the preferred choice for businesses who want limited liability and a separate legal entity | With the introduction of LLP in India, partnership firms are losing their preference due to the added advantages offered by an LLP | Since sole proprietorship is a person doing business on their own, setup is simple and cost is less but is not a legal entity |
| Minimum Number of Persons Required | 2 | 2 | 2 | 1 |
| Minimum Capital | Almost Nil | Almost Nil | Almost Nil | NIL |
| Promoter Liability | Limited Liability | Limited Liability | Unlimited Liability | Unlimited Liability |
| Applicable Law | Companies Act 2013 | LLP Act 2008 | Partnership Act | Not Applicable |
| Transferability | Freely Transferable | Limited Transferability | NON Transferable | NON Transferable |
| Registration Time | 3–7 Days | 3–7 Days | 3–7 Days | 3–7 Days |
| Audit Requirements | Mandatory | Required if turnover more than 40 Lacs | Required if turnover more than 1 Crore | Required if turnover more than 1 Crore |
| Tax Rate | Companies are taxed at 22% | LLP are Taxed at 30% | Same as LLP | Proprietorship is taxed at slab rates of individual |
| Investor Flexibility | Can Add Investors Freely | Can Add Investors as Partners | Investors do not invest in Partnership firms | Cannot Add Investors |
| Startup India Benefits | Eligible for Startup India Benefits | Eligible for Startup India Benefits | Very Few Benefits | Not Eligible |
Frequently asked Questions
What is a Sole Proprietorship?
A sole proprietorship is a type of business owned and managed by a single individual. It is not a separate legal entity, and the owner is personally liable for all business obligations
Is it mandatory to register a proprietorship business?
Technically, there is no specific registration required to start a proprietorship. However, registrations like GST, MSME (Udyam), or Shop & Establishment license are often needed for business operations and legal recognition.
Who can start a sole proprietorship in India?
Any Indian citizen with a valid PAN and Aadhaar card can start a sole proprietorship
What are the documents required for proprietorship registration?
Typically, you will need: • PAN Card and Aadhaar of the proprietor • Photograph • Address proof of business (like electricity bill or rent agreement) • Bank account in the business name (optional but useful) • Relevant licenses (GST, MSME, etc.)
How long does it take to register a proprietorship?
The registration process can be completed within 1 to 3 working days, depending on the type of licenses required.
Can I convert my proprietorship into a company later?
Yes, you can convert your proprietorship into a private limited company or LLP by following the proper legal procedure.
Is a separate name required for the business?
You can use your personal name or choose a separate business name. To protect the business name legally, trademark registration is recommended.
Can a proprietorship open a business bank account?
Yes. Banks typically require proof of business existence such as GST or MSME certificate, along with PAN, Aadhaar, and address proof.
What taxes are applicable to a proprietorship?
Income from the business is taxed as the proprietor’s personal income under the Income Tax Act. If the turnover exceeds limits prescribed under GST, GST registration is mandatory.
Can a sole proprietorship hire employees?
Yes, a sole proprietorship can hire employees, and the proprietor must comply with applicable labor laws.