Proprietorship Registration

Explore Proprietorship
Registration Details

A Sole Proprietorship is the first step into business, offering minimal compliance requirements and ease.

It is a business entity where an individual contributes their capital, skills, and intelligence to manage the operations.

The proprietor is solely accountable for the outcomes of business operations. While there’s no formal registration requirement for a proprietorship firm, opening a bank account requires at least two documents to legally recognize the sole proprietorship firm name.

A proprietorship's existence must be validated through tax registrations and other necessary business registrations, as required by regulations. If you're looking to register your sole proprietorship firm, Asia Pacific Tax Solutions can assist with the registration process and ensure full compliance with all legal requirements afterward.

LLP Registration
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Registration can be
done as per the requirement

Goods and Service Tax (GST)
Shop & Establishments (GUMASTA LICENSE)
Trademark Registration (TM)
Udyog Aadhar / Udyam Registration (MSME)
Professional Tax Registration Certification (PTRC)
International Organization for Standard (ISO)
Tax Deduction Account Number(TAN)
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Registration Benefits of
Proprietorship Firm

Easy formation

A proprietorship firm can be started in a day as it is very minimal registration required

No Restriction on name reservation

A sole Proprietorship firm can Start its Business with any name as there is no Law to govern, but the name should be unique to create an Identity in this business world.

Less Tax Burden

A sole Proprietorship firm has less tax burden as compared to the Corporate entity, But they cannot avail some tax Deduction which is taken by a corporate entity which ultimately increases their liability.

Full Control

Since Proprietor is the Single owner of its Business so does not require any other person’s permission to make the decisions.

Simple Dissolution

It can be closed without any prior approval, one may just need to surrender if any registration has been done.

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Documents required

  • Address Prof (bank statement mobile bill telephone)
  • Copy Of Pan Card
  • Identity Proof (Voter Card Passport Driving Licence)
  • Passport Size Photo
  • Light Bill