Starting your own business is exciting. But before you begin, you need the right registrations. One of the most common business types in India is a proprietorship firm. It is simple, easy to start, and has fewer legal requirements.
If you're looking to get your firm registration proprietorship, this blog will guide you step-by-step. I’m Deeksha Khurana, a tax consultant with Taxlegit, and I help startups and small businesses with their registrations.
What is a Proprietorship Firm?
A proprietorship is owned and managed by one person. It’s not a separate legal entity. The owner takes full responsibility for profits and losses.
This type of business is best for small-scale operations. It is ideal if you're starting out or testing a business idea.
Documents Required for Proprietorship Registration
You need only basic documents to get started:
Aadhaar card
PAN card
Address proof
Bank account in the name of your business
A business place proof like electricity bill or rent agreement
Once you gather these, you’re ready to begin.
Steps for Firm Registration Proprietorship
Here’s how to get your proprietorship registered:
Choose a name for your business
Make sure it's unique and not already in use.Apply for PAN and TAN
You need a PAN if you don’t have one already. TAN is needed for TDS if applicable.Open a current bank account
Use your business name and documents to open it.Get GST registration
Mandatory if your turnover crosses the threshold or if you deal in inter-state trade.Apply for Udyam registration
This certifies your business as a micro, small, or medium enterprise (MSME).Get a Shop and Establishment Certificate
This is required in most states for running a business.
Apply for Startup India Certificate
If you are a new business, apply for the Startup India Certificate. It helps in tax benefits, funding, and recognition.
You need to register on the Startup India website. You’ll upload your business details and get your certificate. At Taxlegit, I help businesses with this process every day.
What if You Want to Expand?
Many start with proprietorship but later shift to private limited registration. This gives your business more structure, better funding options, and limited liability.
If you think your business will grow fast, consider this early. I guide clients through both registration types depending on their needs.
Why Choose Taxlegit?
At Taxlegit, we don’t just file forms. We understand your business and help you choose the best option. I, Deeksha Khurana, offer personalized guidance so you avoid mistakes and save time.
We handle firm registration proprietorship, Startup India Certificate, and even private limited registration. All in one place.
Final Words
Proprietorship registration is the first step to legalize your business. Don’t skip it. It gives you access to tax filings, licenses, and bank loans.
Let’s make your business journey easy. Need help? Reach out to me at Taxlegit and get started today.
