Proprietary concern

Starting a proprietary concern or proprietary firm is a simple process. There is no formal registration to be done. An Individual / sole trader (or one person firm) intending to do business or profession, can register the concern under Goods and Service Tax Act (GST), Profession Tax Act or Shops and Establishment act or Udyog Aadhar (MSME)

+ Can a business name be given for proprietary concern?

Yes. The business can be operated in the Individual’s name or a formal name can be given to perform the business.

We at Balakrishna and Co., have helped hundreds of individuals to set up proprietary concern in Bangalore. This is a very cost effective form of starting the business.

In case you need our services to start a proprietary concern in Bangalore, please write to prasad@balakrishnaandco.com

Not looking for proprietary firm registration? Click below to find other forms of entity registration :

• Partnership Firms Registration in Bangalore 
• One Person Company or OPC Registration in Bangalore
• Limited Liability Partnerships (LLPs) Registration in Bangalore
• Private Limited Company Registration
• Subsidiary Company Registration in Bangalore
• Setup Branch / Liaison Office in India

Registration required for proprietary concern depending on business :

• GST Registration
• Registration under Karnataka Shops and Establishment Act
• Profession Tax Registration
• MSME | Udyog Aadhaar Registration
• Employee Provident Fund Registration (PF Registration) 
• Employee State Insurance Registration (ESI Registration)
• STPI Registration or Non-STPI Registration
• Import Export Code (IEC)
• Trade License from BBMP