Sole Proprietorship Registration in India
A sole proprietorship is the simplest business form — the owner and the business are legally the same, so there is no separate incorporation. You start trading under registrations like GST, MSME or a Shops & Establishment licence.
It suits small, low-risk, single-owner ventures. The trade-off is that the owner is personally liable for all business obligations, and it is harder to raise funding or build transferable value.
Key features and requirements
- No separate legal entity — the owner is the business
- “Registration” is really a set of registrations: GST, MSME/Udyam, Shops & Establishment, etc.
- Owner has unlimited personal liability
- Business income is taxed as the owner’s personal income
- Simple to start and to wind down; harder to raise capital
How TaxSastra handles this
We set up the registrations that give your proprietorship a legal footing and a business bank account, so you can invoice and operate cleanly.
What’s included
- GST registration (where applicable)
- MSME/Udyam registration
- Shops & Establishment registration
- Current account documentation
- Bookkeeping and tax filing setup
- Guidance on converting to an LLP/company later