India's simplest business structure for individual entrepreneurs
Start your business with minimal paperwork and formalities
No registration required under Companies Act - just PAN and Aadhaar
Minimal compliance costs compared to other business structures
No mandatory audits or complex filings needed
Complete ownership and decision-making power
You are the sole owner with full control over all business decisions
Simplified taxation under personal income tax
Business income taxed as personal income with applicable deductions
An individual can set up as a sole trader/proprietor, as a Partnership firm, or Limited Liability Partnership etc.
A sole proprietorship is the simplest and most common form of business organization in India, where an individual owns and manages the business. The owner and the business are legally the same entity, meaning the proprietor has unlimited liability for all business debts and obligations.
One individual owns and controls the entire business
Owner's personal assets can be used to settle business debts
Business income taxed as personal income of the proprietor
Easy to start, operate and dissolve as per owner's wish
Select a unique name for your business (no formal registration required)
Get Permanent Account Number if you don't already have one
Open current account in business name with PAN and address proof
Obtain necessary licenses (GST, Shop Act, MSME etc. as applicable)
Begin your business activities and maintain proper records
"The team helped me set up my consultancy business in just 2 days with all necessary licenses!"
"Their guidance on proprietorship taxation saved me thousands in my first year of business."
Get your business started in just 2 days
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