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Dhanvika

Business Finance

Sole Owner Business

Proprietorship Firm — Get Legally Recognised

The simplest way to start your business journey. A proprietorship in your name, registered and ready to operate.

Overview

A Sole Proprietorship is the simplest and most common form of business in India — one owner, one business, complete control. There is no formal registration process under a specific statute, but a proprietorship is recognised through a combination of other registrations such as GST, Shop & Establishment, MSME/Udyam, and FSSAI.

Dhanvika helps you set up a fully compliant proprietorship by obtaining all the necessary registrations so your business is legally recognised by banks, vendors, and government authorities.

Benefits

Cheapest and fastest to set up
No audits or board meetings
Complete control over decisions
All profits belong to the owner
Easy to close when required

What We Get You

  • GST Registration

    (mandatory above ₹20L turnover)

  • MSME / Udyam Registration

    — free, unlocks government benefits

  • Shop & Establishment Registration

    — required in most states

  • Current Bank Account

    eligibility documentation

  • Business PAN

    (individual PAN used)

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Ready to Streamline Your Business Accounting?

Create your account in seconds, sync your company profile, and start creating GST invoices and tracking Udhaar logs today.