This website is currently under development. Some features may not be available.
Bizotic Supervision Private Limited
Service background

Sole Proprietorship

Experience a seamless, hassle-free & timely registration with our expert consultants.

  • Our in-house team handles over 50 types of business licenses.
  • We provide end-to-end services across India.
  • Ensuring smooth and continuous adherence to all legal requirements.
Justdial
4.8
Google
4.8
Call Now »

Free Consultation by Expert

Benefits of Sole Proprietorship

Benefits of a Sole Proprietorship

  • Easy to Start: Minimal legal formalities make it the easiest form of business to set up.
  • Low Compliance: No need to file separate business returns; income is taxed as personal income.
  • Full Control: The proprietor has complete decision-making authority.
  • Cost-Effective: No registration fees or statutory audits (unless under specific tax limits).
  • Quick Registration through Licenses: Can be established using GST, MSME, or Shop & Establishment registration.

Eligibility Criteria

  • Must be a resident Indian citizen.
  • Owner should be 18 years or older and legally competent to contract.
  • A valid PAN card, Aadhaar card, and business address are required.
  • Business name should not infringe on trademarks or existing businesses.
Eligibility Criteria
Registration Process

Registration Process

  • Choose Business Name: Select a unique name for the business.
  • Obtain PAN: If not already available, PAN is required for taxation.
  • Business Registrations:
    • GST Registration (if turnover exceeds threshold)
    • Shop & Establishment License
    • Udyam (MSME) Registration
  • Open a Current Bank Account: Using PAN, address proof, and registration/license documents.

Documents Required

  • PAN and Aadhaar of the proprietor
  • Passport-size photograph
  • Proof of business address (utility bill, rent agreement, NOC)
  • Bank statement or cancelled cheque
  • GST / Shop Act / MSME registration certificate (as applicable)
Documents Required
Compliance Requirements

Compliance Requirements

  • GST Returns: Monthly or quarterly returns (if GST registered).
  • Income Tax Filing: File ITR-3 or ITR-4 based on turnover and presumptive taxation scheme.
  • TDS and Other Taxation: Applicable only if thresholds are met.
  • No Separate Audit: Audit applies only if turnover exceeds ₹1 crore (non-digital) or ₹10 crore (digital transactions).

Frequently Asked Questions

Common questions about Sole Proprietorship

The simplest business entity in India, owned and operated by a single individual with no legal distinction between the owner and the business.

Client Testimonials

“Words from happy clients who chose us with confidence”

G

Google Customer Rating

4.8 ★★★★★

J

Justdial Customer Rating

4.8 ★★★★★

Rajesh Sharma

★★★★★

Founder, RS Enterprises

Bizotic Supervision Private Limited made our GST registration process incredibly smooth. Their team handled everything from documentation to filing, saving us weeks of effort. Highly recommended for any startup!

Priya Mehta

★★★★★

Director, Mehta Foods Pvt. Ltd.

We needed FSSAI licensing urgently and Bizotic Supervision Private Limited delivered within the promised timeline. Their expertise in food business compliance is exceptional. Our go-to partner for all registrations.

Amit Gupta

★★★★★

CEO, Gupta Trading Co.

From company incorporation to annual ITR filing, Bizotic Supervision Private Limited has been our trusted partner for 3 years. Their pricing is transparent and service quality is consistently excellent.

We Are The Best Consulting Company For Your Business!

Contact Us Today

Latest News

Stay updated with the latest insights, regulatory changes, and business compliance news.

EPR Authorization for E-Waste and P-Waste: A Complete Guide

EPR Authorization for E-Waste and P-Waste: A Complete Guide

Starting a new business is exciting—but overlooking the legal groundwork can cost you dearly in the long run...

READ MORE »
June 16, 2025 • No Comments
Top Legal Registrations Every Indian Startup Needs

Top Legal Registrations Every Indian Startup Needs

Starting a new business is exciting—but overlooking the legal groundwork can cost you dearly in the long run...

READ MORE »
May 9, 2025 • No Comments
Why Every Growing Business Needs a Virtual CFO

Why Every Growing Business Needs a Virtual CFO

In today’s competitive business environment, strategic financial management isn’t just for large enterprises...

READ MORE »
May 9, 2025 • No Comments

Our Clients

Trusted by leading brands and growing businesses across India.

Futurz
Clovia
Malabar Gold
Olivia
Zomato
Next Office
Ambrain Capital
Yospace
Exordior
T.I.M.E