Sole Proprietorship Registration In India

Sole Proprietorship Registration In India
Sole Proprietorship is the simplest type of business done in India, as there are no unique laws
regulating it. Under sole proprietorship, compliance is limited and quick to comply with..
To register a sole Proprietorship, the following documents are required:
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Aadhar Card
PAN Card
Bank Account
Registered office proof
While the sole proprietor doesn't need any unique registrations, he is advised to obtain a few
registrations to make his business run smoothly.
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Registering as SME
Shop and Establishment Act License
GST Registration

Sole Proprietorship Registration as MSME - Udyam Registration
To register a sole proprietor business as Udyam all you need is an Aadhaar Card. Udyam
Registration is the new process of registering MSME business. Previously, it was known as
Udyog Aadhaar / MSME registration. In order to make the registration process easy, the Ministry
of MSME has changed it to Udyam Registration.
Classification of Enterprises According to Udyam
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Micro-Enterprise- A micro company where the investment in machinery or equipment
sector does not exceed one crore rupees and turnover does not exceed five crore
rupees.
Small Business- A Small business where the investment in any sector service sector or
industry does not exceed ten crore rupees and the turnover does not exceed fifty crore
rupees
● Medium Enterprise-A medium-sized enterprise, where the investment in the service
sector must not exceed fifty crore rupees and turnover does not exceed 250 crores.
How To Register ​Sole Proprietorship Firm In India
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Visit ​Soleproprietor.in
Fill the form with your details
Make the Payment.
Our executive will process the application.
Get the registration.
Click here​ to read more.