A Sole proprietorship is a business which is owned, managed and controlled by a single person. 

It is one of the most common form of business in India, utilized by small businesses operating in the unorganized sectors.

It has unlimited liability of proprietor, and it does not have continuous existence. For these reasons it is considered by small merchants and traders as a business structure. 


A sole Proprietorship is cheaper as compared to OPC.

A proprietorship with income of less than Rs. 2 Lakhs per  Annum is not required to pay income tax.

Easy to establish with less formalities.

Minimal Compliance's.

Audit not required.

Required Documents

PAN Card

Aadhar Card

Mobile Number

E-Mail Id

Passport Size Photograph(s)

Bank Statement

Office Premises

Rental Agreement

No Objection Certificate of the Owner

Utility Bill of the Premises (not older than 2 Months)

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