Launch your business journey with a **Sole Proprietorship**. It is the simplest and most common form of business entity in India, managed and controlled by a single individual.
Before you register, it's important to understand how a Sole Proprietorship compares to more formal structures like a Private Limited Company.
| Feature | Sole Proprietorship | Private Limited Company |
|---|---|---|
| Legal Status | No separate legal identity from owner | Separate legal entity |
| Registration Time | 2 - 5 working days | 10 - 15 working days |
| Annual Compliance | Minimal (Only Income Tax) | High (Audit, ROC, Income Tax) |
| Liability | Unlimited Personal Liability | Limited to share capital |
| Taxation | Individual Income Tax Slabs | Flat 25% + Surcharge/Cess |
| Fundraising | Difficult (Self-funded) | Easy (Equity/VC funding) |
No requirement for annual board meetings, audits (unless turnover exceeds limits), or complex ROC filings.
Total control over decisions and 100% of the profits belong to you without any profit sharing.
Since there is no single certificate for a proprietorship, we establish your business legal identity using the following documents:
Dedicated RM Assigned