Ensure that you have aadhar card & PAN card.
Open a bank account in the name of the firm and set a license under shop & establishment act
Register under GST.
A sole proprietorship is a type of business entity that is run and owned by a single person, and there is no legal distinction between the enterprise and the owner. It can also be referred to as individual entrepreneurship or sole trade ship.There can be many people operating the work in this business, but the owner must be only one person.
(1) Fairly easy to establish
(2) Ensures no profit distribution
(3) Attract lower taxes
(4) Seamless decision making
(1) PAN carsd proprietorship
(2) Name and address of the business
(3) Bank account in the name of business
(4) Registration under GST, if the business turnover exceeds Rs.20 Lakhs
(1) Aadhar card
(2) Pan card.
(3) Bank Account
(4) Registered Office
(5) GST Registration
(1) What is Sole Proprietorship?
(2) Can i pay myself a salary as a sole proprietor?
(3) Is there any difference between self employed and sole proprietorship?
(4) Is sole proprietorship is a firm?
