Shop and Establishment Act License is not mandatory for all sole proprietorship firms but most of the firms have to obtain this license, as per the local laws of the region of the business. The Shop and Establishment License is issued by municipal party. This license is given based on the number of employees working in a company. The registration process depends state-wise and business owners need to check the specific state-wise website for the registration.

Goods and Services Tax (GST) Registration

Goods and Services Tax registration is necessary only, if annual turnover is more than Rs 40 lakh and Rs. 20 lakhs for businesses operating in North-eastern states. GST registered number is also essential, if the business owner wants to sell products online on e-commerce portals, such as Amazon, Flipkart, eBay, and more. It is important to note that GST registration is not mandatory for sole proprietorship firms. Getting GST registration will help the business owner to keep his/her taxation in check throughout all the transactions made in the name of the proprietorship firm

Office Address Proof

A registered office address proof is necessary for several procedures which are essential for the functioning of the business. If the office is in a rented property, the rental agreement and a NOC from the landlord of office can be used as the office address proof. If the entrepreneur owns a office, the electricity bill issued by the municipal corporation or any other office ownership papers can work as office address proof.