Successfully Register in 3 Easy Steps


Answer a few simple questions

You need to spare only 10 minutes!
Provide us your business details
Upload required documents
Pick a package that is a best fit
Opt for a convenient payment option

Let us do all the filing work

Name Application and Allotment
PAN and TAN Numbers
Filing of registration form

Your Proprietorship is registered

All it takes is 12 working days*
100% satisfaction is guaranteed
Best in class customer care support
* Subject to Government processing time

Choose Your Package


Our flexible pricing options make it easy to get started.

Business Package

All expenses and Government fee
Registration of Proprietorship firm
TAN Number
Firm seal

Executive Package

Includes all from Business Package, plus
Business Folder
3 Months Legal Documents Library Subscription
10% Discount on service charges on next order

Premium Package

Includes all from Business Package, plus
Business Folder
6 Months Legal Documents Library Subscription
15% Discount on service charges on next order
100 Letterheads & Envelopes
100 Visiting Cards
1 year free TDS Returns

Main Advantages of Registering a Proprietorship Firm


Tax Benefits up to Profit of Rs. 2.5 lacs per annum by claiming Basic Tax Exemption as per the Income Tax Act

No new PAN applications and other relevant legal work and hence easier & faster to incorporate

Easy conversion to Corporate Forms such as One Person Company or Private Limited Companies and LLPs with addition of Directors / Partner

Frequently Asked Questions


What capital is required to start a Proprietorship?
A proprietorship can be started with any amount of minimum capital. 
Do I need one person to start a Proprietorship?
Yes, only one person is required to start a Proprietorship and a Proprietorship can have only one promoter.
Does the proprietor have to be an Indian to start a Proprietorship firm?
The Proprietor must be an Indian citizen and a Resident of India. Non-Resident Indians and Persons of Indian Origin can only invest in a Proprietorship with prior approval of the Government of India.
What documents are required to start a Proprietorship?
Address proof or Aadhar Card and a PAN card are sufficient for a person to start a proprietorship. 
How to open a bank account for a Proprietorship?
To open a bank account for a Proprietorship, Reserve Bank of India mandates that the proprietor provide two forms of registration for the Proprietorship along with the PAN Card, identity proof and address proof of the Proprietor. The two forms of registration can be any two of the following: service tax registration, MSME registration, VAT/TIN/CST registration, shop & establishment Act registration, Professional license, Chartered Accountant certificate or others as provided in the RBI Know Your Customer norms.
Will my Proprietorship firm have a Certificate of Incorporation or Registration?
Proprietorship firms do not have a Certificate of Incorporation or Certificate of Registration. The identity and legitimacy of a Proprietorship firm is established by registering with the relevant or applicable Government authorities.
How to register the name of a Proprietorship?
There is no registry or regulation for the registering the name of a Proprietorship. Therefore, proprietorship firms can adopt any name that do not infringe on registered trademarks. Since there are no registry or regulation for registering the name of a Proprietorship, the only way to ensure exclusive use of the business name is to obtain a trademark registration of the business name.
Will my Proprietorship firm have a separate legal identity?
The PAN card of the Proprietorship as well as the Proprietor is the same. Hence, the firm will not have a separate legal identity. The assets and liabilities for the proprietor and the proprietorship is the same. 
How can I transfer my Proprietorship?
A business operated by proprietorship firm cannot be transferred to another person, unlike a Limited Liability Proprietorship or a Private Limited Company. Only the assets in the Proprietorship can be transferred to another person through sale. Intangible assets like Government approvals, registrations, etc. cannot be transferred to another person.
Can I have partners in a Proprietorship?
Proprietorship firms are business entity that are owned, managed and controlled by one person only. 
Can other people invest in a Proprietorship?
Proprietorship firms are business entity that are owned, managed and controlled by one person. So Proprietorship firms cannot issue shares or have investors.
What are the annual compliance requirements for a Proprietorship?
Proprietorship will have to file their annual tax return with the Income Tax Department. Other tax filings like service tax filing or VAT/CST filing may be necessary from time to time, based on the business activity performed. However, annual report or accounts need not be filed with the Ministry or Corporate Affairs, which is required for Limited Liability Proprietorships and Companies.
Can I later convert my Proprietorship into a Company or LLP?
A proprietorship can be converted into a company or LLP. However, the procedures to convert a proprietorship business into a Company or LLP are cumbersome, expensive and time-consuming. Therefore, it is wise for many entrepreneurs to consider and start a LLP or Company instead of a Proprietorship.
What comes as a part of the Digital Documents Library?
Legal documents like Employment Letter, Legal Notice, Non Disclosure Agreement, Terms of Service and Privacy Policy and many more are a part of the Digital Documents Library.

More Questions?

Contact us for additional assistance

1800 313 4151 / +91 89806 85509

Mon to Sat 9:00am - 7:00pm IST

support@legalwiz.in

we will call you back in 24 hours

A sole proprietorship is an unincorporated business owned by one person. If one wants to start a new business with small capital and with low risk involved, sole proprietorship is a good option to begin with. Later if the business grows it can be converted into a  One Person Company or other business formations. LegalWiz.in has a team of qualified professionals, company secretaries and chartered accountants who are always at your service to handle all the matters relating to registration of sole proprietorship online putting you and your company at ease. We assure highest quality standard backed by 100% customer satisfaction and see to it that all the legal and administrative aspects of registration of your sole proprietorship online are taken care of. For registering your sole proprietorship online you need to follow few simple steps and provide certain information relating to your sole proprietorship firm and LegalWiz would get you sole proprietorship firm registered in no time. Subject matter experts are available on call or via email to answer your queries. We also provide a full spectrum of post registration services related to Shops & Establishments Registration, MSME, Service Tax Registration, Trademark, Copyright, Legal Drafting, Accounting & Bookkeeping, Import Export Code, VAT and CST Registration etc. We offer services through an online model and a network of trusted affiliates across all major cities in India including Mumbai, Delhi, Ahmedabad, Pune, Bangalore, Hyderabad, Vadodara, Kolkata, Chennai, Noida, Gurgaon, Surat, Rajkot and others.

Register a Proprietorship Firm