What is proprietorship?

A sole proprietorship simply means a single owner. For example, an ice cream shop that you only own. It is a one-man organisation where a single individual owns, manages and controls the business. 

The Government does not require separate registrations for a Proprietorship and it is established by obtaining tax registrations and other business registrations as per the applicable rules and regulations.

We at SDM Associates can help you by obtaining the relevant registrations suiting your business needs.

This is how we do it. 

  1. First we check what business you are in. 
  2. Then looking at the nature of your business, we suggest the type of registration required. 
  3. We will not only tell you what registration you should get, we will also do it for you. 

So how much time does all this take? 

  1. GST Number: 7 to 10 business days as this depends on the state government’s approval. 
  2. MSME Registration: 10 to 15 days because the same, we need the approval of the government. 

Documents required for Proprietorship

Related to Proprietor:

  1. PAN
  2. Aadhaar
  3. Photograph

Bank account details

  1. Copy of Cancelled cheque
  2. Bank statement
  3. First page of Passbook

Proof of Principal Place of business :

  1. Owned office: copy of utility bill/ Property Paper
  2. Rented office : Rent agreement copy/ NOC from the Landlord



What happens in a limited liability partnership is that the liability is limited to shares similar to that of corporate shareholders. But unlike the case that is with corporate shareholders, the partners in LLP can manage the business directly.

Import Export Code (IEC Code)

n this age of fierce competition, everyone wants to expand their business from domestic market to international market. Enterprises can enter in global market either with existing product or new product. ” However before going global, you need to follow several procedures and laws place and get different registration and license. IEC (Import Export Code) license is one of such prerequisite when you’re thinking of importing or exporting from India.

Private Limited Company

A minimum of one and a maximum of two proposed names must be submitted for RUN (Reserve Unique Name)to the MCA. Subject to availability, naming guidelines and MCA processing time, Name Approval can be obtained in 2 to 3 business days.

MSME Registration

In a developing country like India, MSME industries are the backbone of the economy. The MSME sector contributes to 45% of India’s Total Industrial Employment, 50% of India’s Total Exports and 95% of all industrial units of the country and more than 6000 types of products are manufactured in these industries

One Person Company

After verification, your DSC in USB token will be available with SDM Associates which will be dispatched through courier at your address which may take 2-3 days to reach your address.

Name Change

Change in name of company may either be compulsion through law or voluntarily by company.