Sole Proprietorship Registration – Fast, Transparent & Fully Guided

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πŸš€ Registration Workflow – Step by Step

  • πŸ” Expert Consultation: Connect with our legal advisors
  • πŸ“„ Document Submission & Verification: Upload your KYC & address proofs
  • πŸ“ Application Filing: We complete registration (GST, Shops Act, Udyam)
  • πŸŽ‰ Certificate Issuance: Get your business registration certificate
  • πŸ“² Regular Updates: Transparent tracking & milestone alerts

πŸ“– Overview & Core Elements

  • What is a Sole Proprietorship?
    A business fully owned and run by one individualβ€”ideal for small entrepreneurs, traders, and freelancers. In India, profit is taxed under your own PAN or a trade name. Registration takes ~15 days.
  • Key Attributes
    β€’ Single-owner control
    β€’ Fast setup (5–15β€―days)
    β€’ Ungoverned by MCAβ€”identified via GST/Shop Act
    β€’ Unlimited liabilityβ€”owner bears all risk
    β€’ No perpetual existenceβ€”firm ends with owner

πŸ“‹ Eligibility & Registration Checklist

Must-have documents include:

  • GST Certificate (if turnover >40β€―L)
  • Shop & Establishment License (municipality)
  • Professional Licenses (CA, lawyer)
  • IEC Code (import/export traders)
  • Past ITRs (for proof)
  • Utility bills in business name
  • PAN & Aadhaar / DL / Voter ID

βœ… Compliance Obligations

  • Income Tax ITR‑3/4 – annual filing
  • GST Returns – monthly/quarterly
  • TDS Returns – quarter-wise (if applicable)
  • Professional Tax – as per your state laws

🎯 Key Benefits

  • Instant commencement – minimal formalities
  • Complete autonomy – full decision-making power
  • Tax simplicity – profits taxed under your name
  • Cost-effective – lowest operational expenses
  • Flexible operations – ideal for SMEs & freelancers

🏦 Opening a Current Account

You’ll need:

  • PAN, Aadhaar & address proof
  • Business registration (GST or Shop Act certificate)
  • Utility bill in business name
  • Cancelled cheque or bank statement for KYC

πŸ” Verify Your Proprietorship Status

Check via:

  • GST Portal – search with GSTIN
  • Municipality records – Shop Act
  • Bank confirmation
  • Professional Tax Department
  • Utility bill verification

βš–οΈ Comparison: Business Structures

FeatureProprietorshipPartnershipLLPPvt Ltd Company
Legal OwnerSingleMultipleMultipleMultiple
LiabilityUnlimitedUnlimitedLimitedLimited
Setup Time5–15 days7–10 days10–15 days7–12 days
Compliance LevelLowModerateHighHigh
TransferabilityNot AllowedAllowedAllowedAllowed

πŸ’Ό Why Choose FilingWindow?

  • βœ… 300+ Legal & CA Experts – nationwide support
  • βœ… Hassle-Free Document Handling – we do it all
  • βœ… Transparent Status Tracking – milestone-based alerts
  • βœ… Competitive Pricing – no hidden costs
  • βœ… Quick Turnaround – average 5–15 working days
  • βœ… Pan-India Coverage – especially Noida, Delhi NCR & beyond

πŸ“ž Ready to Register?

Start your proprietorship journey with FilingWindow, your trusted partner for seamless business registration.

πŸ“ž Call Now: +91β€―88266β€―55143
🌐 Visit: www.filingwindow.com
πŸ“© Email: team.filingwindow@gmail.com

πŸ’¬ FAQ

Q: What is a Sole Proprietorship?
A simple business structure where a single individual has full ownership and personal liability for business debts.

Q: What are its key benefits?
Fast setup, full control, tax simplicity, low cost, minimal regulation.

Q: Any drawbacks?
Unlimited liability and no perpetual succession.

Q: Documents needed?
PAN, Aadhaar, business address proof, GST/Shop Act certificate.

Q: Can I convert it later?
Yes, easy conversions to LLP or Pvt Ltd structures are possible.

Q: Is GST mandatory?
Only if taxable turnover exceeds threshold (β‚Ή40β€―L/β‚Ή20β€―L for special states).

Q: Are ITR filings required?
Yes, file annual ITR-3 or ITR-4, depending on business type.

Q: Can I open a current account?
Yesβ€”bank requires KYC + business proof (GST, Shop Act, utility bills).