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What is individual sole proprietorship?

A sole proprietorship is a business that is owned and managed by a single person. You could have one up and running within 15 days, which makes it very popular among the unorganised sector, particularly small traders and merchants. There is no such thing as registration; proprietorships are recognised by other registrations, such as a service tax registration or sales tax registration. As you would imagine with a business that’s so easy to set up, though, its shortcomings are severe: the liability of the proprietor is unlimited and it does not have a continuous existence, separate legal entity, independent existence, transferability, etc., which are desirable features for any business. Therefore, proprietorship's are suited for unorganized, small businesses that will have a limited existence. At Venture-Care, we can help you establish an identity for your Proprietorship by obtaining the relevant registrations.

Proprietorship Registration Agencies In India

Why is it good to have a sole proprietorship?


SIMPLE & TRANSPARENT PRICING

"If you are not satisfied for any reason, we will refund your money minus the Government fees. No questions asked"


Business Package

✓ Proprietorship registration with TAN registration
✓ MSME under Udyog Aadhaar

Executive Package

✓ Proprietorship registration with TAN registration
✓ MSME under Udyog Aadhaar
✓ Service tax registration

Premium Package

✓ Proprietorship registration with TAN registration
✓ MSME under Udyog Aadhaar
✓ Service tax registration
✓ Trademark registration

How to register a sole proprietorship?

Proprietorship Start-up


Venture-Care can help start-up a Proprietorship in 7 to 14 days, subject to Government processing time.



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Start-up Consultation


Proprietorships do not have a process of incorporation. Therefore, our Business Advisors will advice you on the way the identity of the Proprietorship business can be established through other Government registrations.


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Service Tax Registration

The identity of a Proprietorship can be established through Service Tax Registration (if applicable) mentioning the business name. Service tax registration takes 10 to 15 days, subject to Government processing time.


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MSME Registration

The identity of a Proprietorship can be established by MSME Registration (if applicable) mentioning the business name. MSME Registration can be completed in 10 to 15 days, subject to Government processing time.







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What are the documents required for proprietorship?

"Scanned Copy of the Following Documents has to be Provided by the Promoters of the Company"


  • PAN card copy with Self-attestation.
  • Latest passport size photo in jpg.
  • Copy of No Objection Certificate(NOC) from the owner of the property.
  • If owned property, a copy of Sale Deed and Electricity bill is sufficient.
  • Voter Id copy or Passport copy or Aadhar card copy or Driving license copy with self attestation.
  • Copy of Electricity bill or Property Tax receipt or Water Tax receipt not older than two months.
  • Utility bill has to be provided of the particular country where the NRI or Foreign national resides and it should be notarized.
  • Latest Bank account statement or Mobile /Telephone bill or Electricity Bill (not older than two months)- no need for self attestation.
  • For the registered office proof of the company, if the property is rented/ leased, then copy or rental agreement or lease agreement.
  • In case of NRI or Foreign national, Passport copy has to be notarized at the Indian Embassy of the particular country.

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