The fastest and cheapest way to start trading legally. There is no incorporation certificate. The business is recognised through the registrations you hold in its name.
Share your details and we will call you back with the full cost and document list.
TIMELINE
MINIMUM MEMBERS
GOVERNED BY
BEST FOR
There is no central registry for proprietorships. We identify which registrations give your business a legal identity for your activity and state.
Udyam, GST and Shop and Establishment are filed in the trade name as applicable.
Banks require two business registrations in the trade name. We prepare the set your bank will accept.
Where GST applies, returns begin immediately, including nil returns in months with no sales.
A proprietorship gives no limited liability. Your personal assets, including your home and savings, are exposed to business debts and claims, because there is no separate legal entity. It is the right choice for low risk activity and small turnover. If you handle customer money, carry stock on credit or sign meaningful contracts, an LLP or a company is the safer structure.
Not as an entity. It is recognised through the registrations held in the business name, such as Udyam, GST or Shop and Establishment. There is no certificate of incorporation.
Only if your turnover crosses the threshold for your state and activity, or if you sell interstate, sell through e-commerce marketplaces, or fall under compulsory registration. Many small proprietorships legitimately operate without it.
Usually yes. Most banks accept Udyam plus Shop and Establishment in the trade name. Requirements vary between banks.
Business income is added to your personal income and taxed at your individual slab rate. There is no separate corporate tax return.
Yes. Many businesses start as a proprietorship and incorporate once turnover or risk grows. The conversion is a fresh incorporation with asset transfer.
Tell us what you sell and we will confirm which registrations you actually need.