Checklist Items for a Sole Proprietorship Registration

• - A certificate/license issued by Municipal authorities under the Shop & Establishment Act
• - The license issued by Registering authorities like the Certificate of Practice IS issued by the Institute of Chartered Accountants of India
• - The registration/licensing document is issued in the name of the proprietary concern by the Central Government or the State Government Authority/ Department, etc,
• - The banks may also accepts the IEC (Importer Exporter Code) issued to the proprietary concern by office of the DGFT as an identity document for opening of the bank account etc,
• - Complete Income Tax return (not just the acknowledgement) in the name of the sole proprietor where the firm’s income is reflected, duly authenticated and acknowledged by the Income Tax Authorities,
• - The utility bills such as electricity, water, and the landline telephone bills in the name of the proprietary concern,
• - Issue of GST Registration/Certificate

How Cliptax Executes A Sole Proprietorship Registration Procedure

Professional Guidance
• Our experts give your professional guidance on many of the processes involved in registering your business as a sole proprietorship, along with registration of service tax, sales tax, import/export code, professional tax or Shops and Establishments Act

Vendor Relationship
• General Partnerships can begin simply with an unregistered deed of the partnership within 2-4 business days. However, having registration for the same has its own perks and advantages. The primary advantage for having a registered firm is that it will allow you to book lawsuits in courtrooms opposing another business or the business associates in the firm for the administration of rights addressed in the Partnership Act.

15 Business Days
• Our team will offer full assistance with the registration process. This could vary between 5 and 15 days, depending on the task at hand for the authorities involved.

What Are The Documents Required For Registering A Sole Proprietorship

To start a Sole Proprietorship, the following documents are required

• - Address and identity proof
• - PAN card, KYC documents and
• - Rental agreement or sales deed (in case of Shops & Establishment Act Registration)

What Are The Documents Required For Opening A Current Account

To open a current account, the following documents are required;

• - Proof of the existence of your business.
• - Shops & Establishments Act Registration.
• - PAN card.
• - Address and Identity proof.