A Proprietorship is a simple business structure owned and managed by a single individual. It is generally suitable for small businesses, traders, service providers, freelancers and professionals who want to start operations with a relatively simple structure. Depending on the nature and scale of business, registrations such as GST, Udyam, Shop and Establishment, FSSAI or other applicable licences may be required.
Professional assistance helps identify the registrations and licences applicable to the proposed business based on its activities, turnover and location. It may include support for PAN-linked business setup, Udyam Registration, GST Registration, Shop and Establishment Registration, FSSAI, current account documentation and other applicable approvals. Proper guidance helps establish the business correctly and ensures compliance from the beginning.