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Starting a Sole Proprietorship Business in India

There are only two things you need to do for starting a sole proprietorship business in India.

1. Choose a unique business name.

2. Select a location as the place of doing business.

Now you can legally start doing business.

Registration For Sole Proprietorship Business in India

You don’t need to register your sole proprietorship in India. But in order to receive payments in the name of the business, you need to open a current account in a bank. For this, you will need proof of existence of the firm, and the address proof. Documents needed include:

1. Pan card and ID for address proof of proprietor.

2. Business address proof (eg: electricity bill in your name, or electricity bill + registered rental agreement, etc.)

3. Two government registration documents confirming name and address of business (shops and establishment license, GST, etc.)

4. CA Certificate – You can get this from any CA. They might charge you a nominal fee for giving you a certificate.

Starting a sole proprietorship very simple as compared to another form of companies. Unlike to LLP or other private or public companies; in sole proprietorship, you do not need to file an application to ROC

If we consider sole proprietorship registration India then you only need to choose name, open bank account and take a license, pan, ESI professional tax, EPF registration. After getting the respective licenses as per the sole proprietorship business: one can commence with his sole proprietorship firm in India

'Get a Wazzeer' to have a sector expert to carry out the complete incorporation process on Wazzeer pretty seamlessly. :)