Proprietorship Firm Registration

A sole proprietorship is a business structure owned and operated by one person. It is the simplest form of business organization and does not require any formal registration.

However, there are some documents that sole proprietors may need to obtain, such as a PAN card, identity proof, address proof for both themselves and their business place, any relevant government registrations (such as a GST certificate), and proof of a business bank account.

Here is a summary of the key points

A sole proprietorship is a business owned and operated by one person.
It is the simplest form of business organization and does not require any formal registration.
Sole proprietors are personally responsible for all debts and liabilities of the business.
Some documents that sole proprietors may need to obtain include:
- PAN card
- Identity proof and address
- proof for both themselves andtheir business place
  Any relevant government registrations (such as a GST certificate)
- Proof of a business bank account

Document Needed

The following documents are needed for proprietorship firm registration in India:

PAN card of the sole proprietor
Aadhaar card of the sole proprietor
Registered office proof (rent agreement or electricity bill)
Bank account statement of the
business bank account
NOC from landlord (if the registered office is rented)
GST registration certificate (if the business turnover exceeds Rs. 40 lakhs)
Udyam registration certificate

Proprietorship Firm Registration