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Proprietorship Firm Registration

Are you looking for Proprietorship Firm Registration Consultant in Ahmedabad? Legal Adda is Best Consultant for Proprietor Firm Registration in India.

Primary Requirement for Starting Proprietorship is PAN Card of Person & Shop Act License.

Basic Need for Proprietorship Registration is Bank Account in the Name of Business.

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Proprietorship Firm
Registration Consultant

First Question in our mind when we think of doing business is Process of Individual Proprietorship Business Registration to start proprietorship Business in India. Simplest way to Start Business in India is to start proprietorship. Proprietorship Business Runs with Individual Name and Does not require any separate Business entity registration. PAN of Individual is sufficient for Proprietorship. However, Depend on Business Activity Proprietor is Required to Obtain certain Business License and Tax Registration Number.

Are you want to start Business with small level of investments? Proprietorship Firm Registration is best way to start. Consult us now

Features & Benefits of Proprietorship Firm Registration

  • Almost Zero Formation Cost
  • Easy Obtainable Documents for Proprietor
  • Individual Person can start small business with low investment
  • Cheaper Compliance Management Cost
  • Easy Closure of Business
  • Specific License Required ; No GST Upto 40 Lakhs Turnover

What are the Registration and License required by New Proprietorship Firm?

Some Registration are Mandatory, where some license are based on applicability.

GST Registration
Required If Turnover of Firm crosses the Rs. 20 Lacs Limit in Financial Year.
TDS Registration
If Firm Required Audit as per Income Tax.
PF Registration
If Proprietor ship firm have more than 20 Employees.
ESIC Registration
If Organization have more than 10 Employees.
Import Export Code/License
If Proprietor Wants to do Import Export Business
Professional Tax Registration
Mandatory for Each Business (Depend on State and Municipal Corporation Policy)
Shop Establishment (Gumasta)
Mandatory for Each Business (Depend on State and Municipal Corporation Policy)
Food License (FSSAI)
If Proprietor Firm Engaged in food business.
SEBI License
For Brokerage Firm, Advisor Etc

FAQ's on Proprietorship Firm Registration

No, PAN Card of Proprietor/Owner is consider as Proprietorship Business PAN Number. NO Separate PAN Card is Required.

Yes, You Can Start Multiple Business with Different Trade Name in Different Proprietorship of Single Person. There is no restriction on number of proprietorship registration.

All the License and Registration as per need can be obtain by Proprietor.
  • GST Registration – If Turnover is cross the Rs. 20 Lacs Limit
  • TDS Registration – If Firm Required Audit as per Income Tax.
  • PF Registration – If Proprietor ship firm have more than 20 Employees.
  • ESIC Registration – If Organization have more than 10 Employees.
  • Import Export Code/License – If Proprietor Wants to do Import Export Business.
  • Professional Tax Registration – Mandatory for Each Business.
  • Shop Establishment (Gumasta) – Mandatory for Each Business.
  • Food License (FSSAI) – If Proprietor Firm Engaged in food business.
  • SEBI License – For Brokerage Firm, Advisor Etc.

Depends on Banks Internal Policy. Mostly, documents are
Photo of Proprietor
Business Seal
PAN Card of Proprietor
Any Government Registration Proof of Business (if Any Like GST, MSME, TAN, etc)
if Government proof is Not Available, CA Certificate of Business may be used in some banks.

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