Proprietorship Setup
Complete registration and compliance setup for sole proprietors — GST, bank account, and all required licences handled end to end.
Overview
A proprietorship is the simplest business structure in India, but setting it up correctly from the start avoids expensive corrections later. A properly registered proprietorship with GST, a current account, and the correct licences gives you credibility with clients and ensures you are not penalised for operating without required registrations. We handle the full setup so you can start trading immediately.
Who Should Avail This?
First-Time Entrepreneurs
Individuals launching their first business venture with a simple structure.
Freelancers & Consultants
Professionals wanting a formal business identity for client invoicing.
Local Retail Shops
Physical retail businesses needing GST and trade licence compliance.
Home-Based Businesses
Online sellers, tutors, and artisans looking to formalise their work.
How It Works
Business Name & Structure Review
We advise on an appropriate business name and confirm that a proprietorship is the right structure for your needs.
PAN & Aadhaar Linking
Ensuring your PAN is active and linked correctly forms the foundation of all registrations.
GST Registration
We file your GST application with proper business classification and HSN/SAC codes.
Current Account Setup
We guide you on opening a current bank account in your business name using the GST certificate.
Licences & Compliance Setup
Shop & Establishment registration, trade licence, and any sector-specific registrations are obtained.
Documents Required
Owner Documents
- PAN Card
- Aadhaar Card
- Passport-size photograph
- Mobile number & email ID
Business Address Proof
- Electricity bill / rent agreement for business premises
- NOC from property owner (if rented)
- Property tax receipt (if owned)
Key Benefits / Why Choose Us
Fully Compliant from Day One
Start operating with GST, a bank account, and all licences in place — no catch-up later.
B2B Client Ready
A GSTIN enables you to issue proper tax invoices and win corporate clients.
Minimal Cost
A proprietorship has zero minimum capital requirement and very low annual compliance costs.
Simple to Operate
Single owner with full control — no board meetings, no complex governance requirements.
Frequently Asked Questions
Q.Is GST mandatory for a proprietorship?
A. GST is mandatory if your annual turnover exceeds ₹20 lakhs (₹10 lakhs for special category states), if you sell inter-state even for ₹1, or if you sell on e-commerce platforms.
Q.Can a proprietorship have a separate bank account?
A. Yes, and it's strongly recommended. Most banks require your GST certificate or Shop & Establishment registration to open a current account in the business name.
Q.What is the difference between a proprietorship and an LLP?
A. A proprietorship has no separate legal identity from the owner and carries unlimited personal liability. An LLP provides limited liability and is better for businesses with partners or higher risk exposure.
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Related Small Business Services
GST Registration
Fast, accurate GST registration for businesses, freelancers, and exporters — with GSTIN delivered and invoicing-ready setup.
MSME / Udyam Registration
Register your business under Udyam to unlock government subsidies, priority lending, and collateral-free loans.
Shop & Establishment Registration
Mandatory state-level business registration for all commercial establishments — handled quickly to avoid penalties and shutdowns.
Start Your Registration
Get your Proprietorship Setup processed seamlessly.
Alok K Acharya & Associates, Chartered Accountants
Across India