Proprietorship
Start a sole proprietorship with the registrations that give it a legal identity — GST, Udyam (MSME), Shop and Establishment and a current bank account.
- Timeline3–7 working days for registrations under applicable acts.
- Starting at₹1,999 + GST & Govt. fees applicable
- Documents6 items — shared securely online
About Proprietorship
A sole proprietorship is the simplest form of business in India. One person owns and runs it, and the business and the owner are the same in law.
There is no single proprietorship registration. Instead, the business is identified through registrations such as GST, Udyam and the state Shop and Establishment licence. NewStarts helps you pick the right ones for your activity and gets them done so you can open a current account in the business name.
What is Proprietorship?
A sole proprietorship is an unincorporated business owned and managed by one individual, who takes all profits and is personally liable for all debts, and whose business identity is established through tax and trade registrations.
100% online, no office visit- Category
- Startup & Company Registration
- Authority / portal
- GST portal (GSTN), Udyam Registration portal (Ministry of MSME), state Labour Department for Shop & Establishment, and Income Tax Department
- Timeline
- 3–7 working days for registrations under applicable acts.
- Starting price
- ₹1,999
- Mode
- 100% online — no office visit needed
Who needs Proprietorship?
Situations where this service is required or strongly recommended.
Small traders and shop owners
Retail, wholesale and local service businesses.
Freelancers and consultants
Individuals billing clients under a business name.
Home-based businesses
Online sellers, tutors, caterers and creators.
First-time entrepreneurs
Anyone who wants to start quickly with minimal cost.
Eligibility
Basic conditions to qualify for Proprietorship.
Indian citizen or resident
The proprietor must be an individual.
PAN and Aadhaar
The proprietor's own PAN is used for the business.
Business address
Owned or rented premises, which can be residential.
Lawful activity
Some activities need specific licences such as FSSAI or drug licence.
Benefits of Proprietorship
What you gain once it is done right.
Quick and low-cost
Start within days with minimal paperwork.
Full control
All decisions and profits belong to the owner.
Minimal compliance
No ROC filings or audits unless tax audit limits apply.
Simple taxation
Income is taxed in the owner's individual return.
MSME benefits
Udyam registration unlocks priority lending and payment protection.
Easy to close
Closing the business involves cancelling its registrations.
Types of Proprietorship
Choose the option that matches your situation.
GST-based proprietorship
For businesses above the GST threshold or selling inter-state or online.
Udyam-based proprietorship
For micro and small enterprises seeking MSME benefits.
Shop and Establishment-based proprietorship
For businesses operating from a shop or office under state labour law.
Documents required
Keep these ready. We share an exact checklist for your specific case and collect everything through a secure online link.
Get this checklist on WhatsAppPAN Card of the Proprietor
PAN of the owner — a proprietorship has no separate legal identity, so the owner's PAN is used.
Aadhaar Card
Aadhaar of the proprietor, linked to an active mobile number for OTP verification.
Passport Size Photographs
Recent passport-size photograph of the proprietor.
Business Address Proof
Latest electricity bill, property tax receipt or sale deed of the business premises.
Rental Agreement / NOC
If the premises are rented — a registered rent agreement along with a No-Objection Certificate from the property owner.
Bank Account Details
Cancelled cheque or first page of the passbook / statement showing account number and IFSC.
Step-by-step process
How NewStarts takes Proprietorship from first call to final delivery.
- 01
Consultation
We map your activity to the registrations it needs.
- 02
Document collection
PAN, Aadhaar, photo, address proof and bank details.
- 03
Udyam registration
Free Aadhaar-based MSME registration is completed online.
- 04
GST registration
Applied for if required, with Aadhaar authentication.
- 05
Shop and Establishment licence
Filed with the state labour department where applicable.
- 06
Current account
We guide the bank account opening in the business name.
NewStarts Proprietorship service
What is included when you engage NewStarts.
Free eligibility check
A specialist reviews your facts and confirms the right route and package for Proprietorship before you pay anything.
Document checklist & review
You receive an exact checklist and upload through a secure link. We verify every document to avoid rejections.
Drafting & filing
We prepare every form, declaration and annexure for Proprietorship and file on the correct government portal.
Query & objection handling
Any departmental query or clarification is answered by our team, with corrected filings where needed.
Delivery & hand-over
Certificates and approvals are shared digitally, with a plain-language note on your next compliance steps.
Post-service support
Reminders, renewals and related filings can be handled by the same NewStarts relationship manager.
Transparent pricing
No hidden charges. Choose the package that fits — upgrade anytime.
Basic
₹1,999
+ GST & Govt. fees applicable
Simple proprietorship setup to get you trading
- Business registration guidance
- Basic documentation support
- Application filing
Premium
₹3,999
+ GST & Govt. fees applicable
Priority proprietorship setup, handled end-to-end
- Everything in Basic
- Bank account opening support
- Email & WhatsApp support
- Udyam (MSME) registration
- Dedicated relationship manager
Proprietorship FAQs
Have questions? We have answers.
Can’t find your answer? Ask the assistant, or speak to our team.
No. The business is identified through GST, Udyam, Shop and Establishment or other licences.
Only if your turnover crosses the threshold, you sell inter-state, sell through e-commerce operators or fall in other mandatory categories.
Yes, with a utility bill and NOC from the owner if needed.
Business income is added to the owner's income and taxed at individual slab rates.
Yes. A private limited company can take over the proprietorship business.
Usually 3 to 7 working days for the core registrations.
Yes. Document collection, e-signing and filing are completed online, so you do not need to visit any office. Where a physical step is unavoidable, we tell you upfront.
NewStarts professional fees, GST and government fees are shown separately. Government fees are paid at actuals and confirmed with you before filing.
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Ready to start your Proprietorship?
Book a free consultation and get an exact document checklist and quote for your case.
