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Sole Proprietorship
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What is Sole proprietorship ?
Sole proprietorship is a very common form of business organisation.
Sole proprietorship is a form of business organization where the owner is the only person who profits and takes risks. This word "solo" means "only one." The word "proprietor" means "owner". So, a sole proprietor is someone with only one Owner.
List of Documents Required for Registration
✔Aadhar Card ✔Pan Card ✔Bank Account ✔Proof of Address- Registered Office
List of Registrations Required for Sole Properietorship
✘GST Registration ✘hop and Establishment Act License✘ SME Registration
Sole Proprietorship Registration In India. Procedure & Advantages
Sole Proprietorship | Advantages | Registration | Procedure | Documents | Compliances



Who can opt for Sole Proprietorship?
Any individual who wants to start a business but with less capital investment can opt for Sole Proprietorship. It can be started in just 3-7 days with the help of Smart Accountants.
Proprietorship
Steps to Start Your Business as Proprietor
The basic procedure followed to register Proprietorship Business are as follows:
Apply for a PAN Card.
Obtain Basic Registration Documents
Apply for a bank account
Smart Accountants
Key Registrations for Sole Proprietorship
Apart from the registration certificates, an individual is also accountable for submitting other documents.

2015 — Present
MSME Registration
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Brand Identity
Trademark Registration
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Registering a proprietorship
Registering a proprietorship firm in India requires no major formalities. Further, a proprietorship firm exhibits a few advantages and disadvantages to be taken care of moving forward.
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A refreshing start: Coca Cola was originally initiated as a Sole Proprietor!
Check this out to know about our inspiring journey since inception
The product that has given the world its best-known taste was born in Atlanta, Georgia on May 8, 1886. Dr. John Stith Pemberton, a local pharmacist, produced the syrup for Coca-Cola®, and carried a jug of the new product down the street to Jacobs’ Pharmacy where it was sampled and pronounced excellent. It was then sold for five cents a glass as a soda fountain drink at Jacobs’ Pharmacy. Dr. Pemberton never realized how popular his drink would become. He gradually sold pieces of his business to partners. Near the end, he sold his remaining interest in Coca-Cola to Asa G. Candler who had great business skills. Mr. Candler then bought some more rights and got control of the company from there on out. On May 1, 1889, Asa Candler published a full-page advertisement in The Atlanta Journal. The advertisement proclaims that his wholesale and retail drug business as “sole proprietors of Coca-Cola ... Delicious. Refreshing. Exhilarating. Invigorating . He did not own it until 1891, but he needed $ 2,300 to make it his business. Mr. Candler formed The Coca-Cola Corporation in 1892.
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