A Sole Proprietorship is a business structure owned by an individual who generally has full control and authority over the business. The business owner is referred to as the “sole proprietor” and exclusively owns all assets and profits of the business. A Sole Proprietorship form of business organization is where a business is managed by a single person. Generally, it does not require any registration as such. Any individual who wants to start a business with less investment can choose this type of business form.

The sole proprietorship is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its debts.

Documents For Proprietorship Firm Registration:

• PAN Card of the Sole Proprietor.
• Identity Proof & Address Proof along with Photographs
• Address Proof for Place of Business.
• Any registration document issued by central or state government (normally GST certificate is submitted).
• Copy of electricity bill, telephone bill or water bill (not more than 2 months old).
• NOC from land lord if Business Place is Rented.
• Bank Account Proof