The simplest way to start a business in your own name. KNAP Advisory sets up your proprietorship through the right registrations — GST, MSME and Shop & Establishment — and helps you open a current account.
Tell us what you need — same-day response.
Prefer to talk? Call +91 93119 72982
A sole proprietorship is a business owned and run by a single individual. It is the easiest and most economical structure to start, with the owner and the business treated as the same person for legal and tax purposes.
There is no single registration certificate; instead the firm is established through registrations such as GST, MSME (Udyam) and a Shop & Establishment licence. KNAP Advisory selects the right set for your business and gets you operational quickly.
Minimal formalities — ideal for individuals and small traders.
The owner takes all decisions and keeps all profits.
Lowest set-up and compliance cost of any structure.
Business income is taxed in the proprietor’s own return.
Registrations help you open a current account in the firm’s name.
Convert to a company or LLP as the business grows.
We identify which registrations your activity actually needs.
We file GST, MSME and/or Shop & Establishment as applicable.
You receive your registration certificates and identifiers.
Use the registrations to open a current account and start trading.
Only what your business actually needs — no extras.
Quick set-up so you can start operations sooner.
GST returns, accounting and tax filing as you grow.
No. The business is established through registrations like GST, MSME (Udyam) and Shop & Establishment, which also help open a current account.
A proprietorship is not a separate legal entity, so the owner has unlimited liability for the business’s debts and obligations.
Commonly GST (if applicable), MSME (Udyam) and a Shop & Establishment licence, depending on the business.
Most registrations are completed within a few working days once documents are ready.
Yes. As the business grows it can be converted into a private limited company or LLP. We assist with the transition.
Share your details and we’ll call you back the same day with a clear, no-obligation plan.
Phone: +91 93119 72982
Email: hello@knapadvisory.com
Talk to KNAP Advisory and get started today.
