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Proprietorship Company Registration.
Tax Robo can Register a Proprietorship Company in the Fastest Turnaround time. Get Expert Assistance and Incorporate your Business with our affordable Company Registration solution.
Registration of Sole Proprietorship Company in India
Online Sole Proprietorship Company Registration
Online Registration of a Sole Proprietorship Company is now easy with Tax Robo's simple Sole Proprietorship Company Registration Process. Register today!
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Who is a Proprietor?
In simple terms, a "Proprietor" is a person who owns a Business or a property.
Is there a legal difference between an owner and a proprietor?
No. As far as laws related to the ownership of a Business or property are concerned, an owner and proprietor are the same.
What is a Sole Proprietorship Company?
Sole means "single" and proprietorship means "ownership", so a sole proprietor would imply a single owner of a Business or a property.
If you're thinking about opening a small Business, it is important to register yourself legally in order to apply for licenses and pay Taxes.
Registering yourself as a SOLE PROPRIETOR would be extremely helpful in that case.
Many people assume that to open a Business, they need to first set up a new company involving tonnes of legal formalities and shell out a hefty sum of money.
Important Legal Registration Required for Proprietorship Firm
MSME Registration for Proprietorship Firm
GST Registration for Proprietorship Firm
IE Code Registration for Proprietorship Firm
FSSAI Registration for Proprietorship Firm
RERA Registration for Proprietorship Firm
Advantage Of Sole Proprietorship Company Registration
✓ As a sole proprietor, you can start your own Business in your name, without having to form a corporation or register a Trade name.
✓ A sole proprietorship is an unincorporated Business, which means it enjoys little to no interference by the government or legal authorities.
✓ A sole proprietor pays only income Tax and no additional corporate Tax that comes with owning a Business since a sole proprietorship treats the Business and the owner as a single entity.
Who can be a sole proprietor?
Anyone. Be it a small grocery shop owner or an automobile repairman, any small business owner can apply to be registered as a sole proprietor.
Income Tax applicability of Proprietorship Firm in India
The proprietor's Income and losses are taxed on the individual's personal income Tax return. The income will be taxed at the individual income Tax rates. Corporate Tax rates are not applicable. This is how sole proprietorship Businesses are Taxed in India. Tax Robo will help with Proprietorship Tax Return Filings in India.
It sounds really easy, but how can I be a sole proprietor of my Business?
Enter "Tax Robo". Your wish to emerge as a Sole Proprietorship is our command.
Hire us and we'll take care of everything "Registration of Proprietorship Firm Online".
Right from assisting you with necessary documents to registering you as a Sole proprietor and guiding you to save Tax in ways you never thought possible, we'll be with you at each step as your legal assistant.
We got your back!
Basic Package
₹2499 .00
* All Exclusive
- Proprietor Registration With MSME
- All Filing Fees Included
- Registration Under Udyog Aadhar
- GST Registration
- Open a Business Bank Account
- Free 3 Months "Accounts Robo" ERP Software.
- Lifetime expert support
Family Auditor
₹4999 .00
* All Exclusive
- Proprietor Registration With MSME
-
All Filing Fees Included
- Registration Under Udyog Aadhar
- GST Registration
- IE Code Registration
- Open a Business Bank Account
- Free GST Monthly Return 1 Month
- Free Tax Consulting
- Free 3 Months "Accounts Robo" ERP Software.
- Lifetime expert support
Accounts Robo ERP Software for SME Business
Accounts Robo is a SaaS solution that can help you manage all your work processes. Starts with a simple and easy-to-use interface that helps you Automate Tasks like CRM, Sales, Billing, Accounting, Managing Projects & Inventory, HRMS, Website, and more!.
Accounts Robo's Modules
✓
GST Billing & Accounts Management
✓
CRM
✓ Sales Management
✓ Payroll
✓ HR Management
✓ Purchase Management
✓ Store & Inventory Management
✓ Manufacturing
✓ Website & Customer Portal
✓ e-Commerce
✓ Software Project Management
Knowledge of the Business
✓ Do you have previous experience in the same Business? how many years?
✓ Product analysis with the questions of whether the product is under any restricted sales in India eg. Cement, Steel.
Marketing Strategy
✓ Marketing strategy is available with target customers.
✓ Pricing of products and margin available in the product.
Growth of the Business
✓ Growth of the Business in India for the next 5 to 10 years.
✓ Feasibility report of the Business and products.
✓ Business plans and projected Financial Product for 5 years.
Funds – Working Capital
✓ Sufficient working capital required for running the Business for a minimum period of 3 months. The funds can be own funds or Bank funds.
✓ How many months of Investment in the Business have required, returns on investments, and working capital funds available for fixed expense months?
How to Registration Sole Proprietorship Company in India
Here are the easy steps one can follow to register a Sole Proprietorship Company. Since the entire process is now online, you don't need to be physically present for any formalities. One Person Company can be formulated in just 3-7 working days.
Sole Proprietorship Company Registration Process Online - Simple Steps
Step 1
Select Trade Name
Step 2
Incorporation Of Documents
Step 3
Apply for License
Step 4
Get Incorporation Certificate, GST Certificate & Bank Accounts
Documents Required For Incorporation Of a Sole Proprietorship Company
ID Proof
Scanned copy of PAN Card, Voter ID, Passport , Driving License
Registered Office Proof
No Objection Certificate (NOC) from the owner, Utility bill (should not be older than two months) and Notarized Rent agreement (in case of rented property) / Registry Proof or House Tax Receipt (in case of owned property)
Address Proof
Latest Bank statement/ Utility bill in the name of director which should not be older than two months
Photo
Latest passport size photograph
Compliance After Incorporation Of a Sole Proprietorship Company
Statutory Obligations
✓ File GST return every month without delay
✓ PF & ESI return filing
✓ TDS Payments & Return filings
✓ Advance Tax payments
✓ File Income Tax return by every year before due date
Compliances
✓ GST registration
✓ PF & ESI Registration if applicable
✓ Profession Tax registration
✓ Import & Export Code registration
✓ STPI Registration / SEZ registration
✓ Secretarial compliance required for passing resolutions, Change in Management, entering contracts, loan obligations etc
Accounts & Operations
✓ Open a Bank account with one Private Bank and one scheduled Bank
✓ Get one accounting software with GST facility
Performance
✓ Review Financial Products performance by every 3 months
✓ Compare the budget amount with actual Financial Products results