What is a Proprietorship?

A Proprietorship is the simplest and most common business structure in India, where a single individual owns and manages the entire business. It is not a separate legal entity from its owner, meaning the owner and the business are considered one and the same in the eyes of the law.

This structure is very easy and inexpensive to start. There are no formal registration requirements under the Companies Act, 2013. The owner is personally liable for all business debts and obligations, which is the main difference from a Private Limited Company or LLP.

A proprietorship is ideal for small businesses, freelancers, and individual service providers who want to start quickly and have complete control over their operations.

Key Benefits of a Proprietorship

Low Cost to Start

It is the most cost-effective business structure to establish, with no formal registration fees.

Easy & Quick Formation

There are minimal legal formalities, allowing you to start operations quickly.

Complete Control

The owner has full control and decision-making power without needing to consult partners or directors.

Minimal Compliance

The number of government compliances and annual filings is much lower.

Easy to Close

Winding up a proprietorship is a simple process with fewer legal complications.

Better for Small Business

Ideal for micro and small-scale businesses that are just starting out.

Required Documents for Proprietorship

For the Proprietor

PAN Card
Aadhaar Card
Passport-sized Photograph
Bank Account Statement
Address Proof of Proprietor

For Business

Address Proof of Business Place
Latest Utility Bill (Electricity/Gas)
Rent Agreement (if rented)
NOC from the Landlord

Our Proprietorship Registration Packages

Basic Package

₹ 2,999 + GST

GST Registration
MSME Registration (Udyam)
Free Professional Consultation
Business Name & Address Proof Draft

Standard Package

₹ 4,999 + GST

All features of Basic Package
Bank Account Opening Assistance
FSSAI Registration (Basic)
Dedicated Relationship Manager

Premium Package

₹ 7,999 + GST

All features of Standard Package
Trademark Filing Assistance
ITR Filing Assistance (First Year)
Legal Document Review