Sole Proprietorship firm

A sole proprietorship is the oldest and the most common form of business,Sole proprietorship is a one-man organisation where a single individual owns, manages and controls the business. There is no ROC registration or Government approval needed in order to start a sole proprietorship business. A sole proprietorship is the basic form of a business entity where one person is the owner and He or She is personally liable for all the profit and losses of the business.

How to Establish a Sole Proprietorship registration?

Since this is simple form of company formation it is require current account to do the transaction for your business, To open a current account bank require basic documents require.

Documents required for Sole Proprietorship / Individual

  1. Pancard and Adharcard of the proprietor
  2. Address proof of the premises where company to register. Any one registration is require
  3. Adhar udyog under MSME
  4. GST registration
  5. Shop act license etc
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