Proprietorship registration in India does not exist as a single certificate: a sole proprietorship is set up by registering the business in your own name through GST, Udyam, a shop or trade licence and a current account. We handle those registrations for you and keep government fees separate from our fee.
A sole proprietorship is a business owned by one individual. It is not a legal entity separate from the owner. There is no incorporation and no certificate called "proprietorship registration". The business is evidenced by registrations held in the owner's name: GST under the CGST Act, 2017, Udyam under the MSMED Act, 2006, a shop and establishment or trade licence under state or municipal law, an Import Export Code, FSSAI and so on.
One individual owner: Any individual competent to contract: an adult of sound mind. A minor cannot make binding contracts, so cannot run one alone. Two or more owners need a partnership, LLP or company.
Which ones you need depends on your business, turnover and state.
Our professional fee is separate from every government fee on this page.
Limits on investment and on turnover for each category.
The core set for GST and Udyam in your own name. Other licences add to this.
Proprietorship / Partnership firm / LLP or company
Duty, What applies
Address proof mismatch, or a rent agreement without the owner's no-objection letter
StampMitra is a filing assistance platform. We are not the government and not a law firm.
No. A sole proprietorship is not registered under any Act. It is evidenced by your registrations: GST, Udyam, shop or trade licence, and so on.
Yes. The proprietor's PAN is the business PAN, and the income goes in your own return.
Only once your turnover crosses the limit for your state and type of supply, or in compulsory categories such as inter-state supply of goods and selling through e-commerce operators. We check your case.
No. It is optional, but you need it for MSME schemes, priority lending and certain tenders.
Banks ask for proof that the business exists, usually two business documents such as a GST certificate, Udyam certificate or shop licence. The accepted documents differ by bank.
Yes, but the name is only a label. It is not a separate entity and is not protected unless you register a trademark.
No. A proprietorship has exactly one owner. Two or more owners need a partnership, LLP or company.
The income is taxed in the proprietor's own return at the normal slab rates, in ITR-3 or ITR-4 under presumptive taxation.
You must apply to cancel GST (REG-16), pay tax on stock and capital goods in hand, file the final GST return (GSTR-10) within three months, update Udyam, cancel the shop licence and file the final income-tax return. Liabilities remain personal.
Yes, by incorporating and transferring the business. Tax and GST consequences apply, so plan the transfer with your adviser.
Our packages start at ₹1,499 + GST (GST with filing). The Proprietorship Package, which files GST, Udyam and an Import Export Code in one order, is ₹2,499 + GST. Government fees are separate: GST and Udyam registration carry no government fee, while shop and trade licence fees depend on your state or city.