A sole proprietorship, also known as the sole trader or simply a proprietorship, is a type of business entity that is owned, controlled and run by one natural person and in which there is no legal distinction between the owner and the business.

It is one of the most common forms of business in India, basically operating in the unorganised sectors by the small businesses. Proprietorships are very easy to start with very minimal regulatory requirements. Howver it does not provide or offer the other benefits such as limited liability, separate legal entity, independent existence, transferability, etc.

There exists no mechanism, for the registration or incorporation of a proprietorship in India. Therefore the proprietorship comes into existance simply by tax registrations and other registrations, if required.

At IAPL, we can help you establish an identity for your Proprietorship by obtaining the relevant registrations.

We can help you start Proprietorship in 7-10 days, subject to time taken at Government's Departments' end.

CLICK HERE to start today.