Firm

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Registering a sole proprietorship firm in your individual name is straightforward. Key steps include obtaining a Shop & Establishment license, which is often mandatory. While GST registration might seem like a burden initially, especially if your sales are below the threshold, it's worth considering. You can also explore registering under MSME for additional benefits.

RONI

RONI (Querist)
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17 May 2020 Sir, I want register firm in individual name. How to register sole proprietorship firm

CA Riyaz Ahmad

CA Riyaz Ahmad (Expert)
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17 May 2020 Hi
You just need to get registration under GST and Opening of Current Account. And any Local Authority registration if .

c.bakshi

c.bakshi (Expert)
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17 May 2020 No, for registration of your Individual Firm, you need to get license under shop establishment. GST registration is burden on you in the intial stage where sale is under the threshold limit or where registration is not mandatory for you. Moreover, you can also get himself registered under MSME registration. for further help you can message me.

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