Sole Proprietorship Setup

Start as a sole proprietor with GST and Udyam registrations plus the paperwork banks ask for.

Timeline: 3–7 working days for the standard bundle

Priced on consultation

Scope varies by case — an expert confirms the professional fee in writing before any work begins. Government fees are always at actuals.

Overview

A sole proprietorship is the fastest way to start billing customers: there is no incorporation, the business is you, and income is taxed in your personal return. What a proprietorship does need is proof of existence — banks will not open a current account, and marketplaces will not onboard you, without registrations in the business name.

ClearTLC's proprietorship starter bundles exactly that proof: GST registration (where applicable to your turnover and model), Udyam/MSME registration, and the supporting letterhead documentation banks typically ask for when opening a current account. Our partner professional advises which registrations your specific activity actually needs, so you do not pay for licences you do not require.

The exact bundle varies by business — some need only Udyam, some need GST from day one, some need a Shops & Establishment licence under state rules — so this service is quoted after a short consultation. Request a callback and an expert will scope it with you.

How it works

  1. 1

    Share details

    Provide KYC, address proof and a short description of your business activity.

  2. 2

    Scoping & preparation

    An expert confirms which registrations you need and prepares the applications.

  3. 3

    Applications filed

    GST and Udyam applications are submitted on the respective portals.

  4. 4

    Certificates delivered

    Registration certificates and bank documentation land in your document vault.

Documents required

  • PAN and Aadhaar of the proprietor
  • Passport-size photo
  • Business address proof (utility bill + rent agreement or NOC)
  • Bank account details / cancelled cheque
  • Nature of business activity (for correct registrations)

What you get

  • GST registration certificate (where applicable)
  • Udyam Registration Certificate
  • Current-account support documentation on business letterhead
  • A one-page compliance calendar for your first year

Frequently asked questions

Is a proprietorship a separate legal entity?

No — the proprietor and the business are legally the same person, which means unlimited personal liability. It is the simplest structure to start with, and many businesses later graduate to an OPC, LLP or private limited company.

Do I need GST registration as a proprietor?

Only once you cross the turnover threshold, sell inter-state, or sell through e-commerce platforms. Many proprietors register voluntarily because B2B customers ask for a GST invoice.

How do I open a current account in the business name?

Banks typically ask for two proofs of the business's existence — commonly the GST certificate and the Udyam certificate. This bundle is designed to produce exactly those proofs.

How is a proprietorship taxed?

Business income is added to your personal income and taxed at slab rates. Eligible small businesses can opt for presumptive taxation (44AD/44ADA), which ClearTLC's ITR filing service handles at return time.

GST & invoicing: Invoiced under SAC 998216 (other legal services) with 18% GST on the professional fee.

Questions about sole proprietorship setup?

An expert will call you back during business hours — the fee is always confirmed in writing before work begins.

Sole Proprietorship Setup

Talk to an Expert