Sole Proprietorship

A sole proprietorship is the simplest and most common form of business ownership. It’s owned and run by one individual, and there’s no legal distinction between the owner and the business.

There is no specific or mandatory government registration required to start a sole proprietorship in India. However, depending on the nature of the business and the sector in which it operates, various registrations and licenses may be necessary. These registrations are often essential for legal compliance and are typically required to open a bank account in the name of the business entity. Common registrations include GST registration, Shops and Establishment Act license, food license (FSSAI), professional tax registration, and other sector-specific licenses. Thus, while the sole proprietorship itself does not require formal registration, obtaining the relevant approvals based on the business activities is important to operate smoothly and maintain regulatory compliance.

Sole Proprietorship

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Sole Proprietorship

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Private Limited Company

Limited Liability Partnership (LLP)

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Sole Proprietorship

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