Firm & Owner details

Business Activity

Proprietorship Registration?

Single ownership is a business which is owned, managed and controlled by the same person. It is one of the most common form of business in India, used by small businesses working in unorganized sectors.

Ownership is obtained through registration of a service or sales tax. There are a lot of deficiencies, such as unlimited liability of the owner, and there is no continuing existence. For these reasons it is considered by small traders and traders as a trade structure. Single ownership registration is done through Legalrasta.

Choose proprietorship because –

  • A sole Proprietorship is cheaper as compared to OPC.
  • A proprietorship with income of less than Rs. 2 Lakhs per annum is not required to pay income tax.
  • Easy to establish with less formalities.

What Is Included In Our Package?

MSME registration

TAN/TDS registration

Document Guidance on service tax, trademark, sales tax registration

Procedure for Company Registration

Complete our Simple Form Online

You are required to fill your details in our simple questionnaire and submit documents.

Verfication of Documents

For further procedures, details provided by you will be verified by our experts.

Submission of Document

We will create all the required documents and file them with appropriate authority.

Your work is Completed, Congratulations.

Once your proprietorship is incorporated, we will intimate you about the same.

Documents Required for Proprietorship Registration

  • PAN Card copy of proprietor
  • Electricity/ Water bill (Business Place)
  • Copy of Aadhaar Card/Voter identity card

Why Proprietorship Registration?

  • Easy to Start
  • Minimal Compliances
  • Audit not required


The Proprietor must be an Indian citizen and a Resident of India.

Proprietorship firms do not have a Certificate of Incorporation.

There is no limit on the minimum capital for starting a Proprietorship. Therefore, a Proprietorship can be started with any amount of minimum capital.

To open a bank account for ownership, RBI orders that the owner should provide two forms of registration for a proprietary firm with Pan card, identity proof and ownership proof. The two forms of registration can be any two of the following: Service tax registration as provided in RBI, MSME registration, VAT/ Tin CST Registration, Shop & Establishment Act registration, professional license, Chartered Accountant certificate or others. Know your customer criteria.