Is sole proprietorship really legal?

Yes — it is the most common business structure in India for shops and small services. The business is taxed in the owner's ITR (no separate company tax).

When should I switch from proprietorship to OPC or LLP?

When annual turnover crosses ₹15-20 lakh, the proprietor liability becomes risky. Convert to OPC (solo) or LLP (with a partner) for limited-liability protection.

Do I need GST as a proprietor?

Mandatory if turnover exceeds ₹20 lakh (services) or ₹40 lakh (goods), or if you sell on Amazon / Flipkart / Meesho. Otherwise voluntary.

Can a proprietor hire employees?

Yes. You will need PF (above 20 employees) and ESI (above 10 employees with salary ≤ ₹21,000).

What is the tax rate?

Proprietorship income is taxed at slab rates in your personal ITR — 0%, 5%, 10%, 15%, 20%, 30% under the new regime, plus 4% cess.

Home › Chartered Accountants › Sole Proprietorship Registration

Tailored for Chartered Accountants

Sole Proprietorship Registration for Chartered Accountants

Lowest-cost way to formalise an individual business. GSTIN, MSME and Shop Act in one bundle.

CA services: 18% GST. Section 44ADA up to ₹50 lakh receipts. ICAI annual membership fee deductible u/s 37(1). LLP route allows partner-track without crossing the 20-CA-firm cap.

₹1,999

onwards · all inclusive

3-5 days

100% Online

Full service details

Talk to a CA

Get Sole Proprietorship Registration

Free consultation with a CA who has worked with chartered accountants.

Why this matters for chartered accountants

The sole proprietorship registration angle for Chartered Accountants

Chartered Accountants in India operate as proprietors, LLPs (since the LLP-CA Act amendment), or partnerships. FilingLab handles practice incorporation (LLP is most preferred), ICAI compliance, GST registration (mandatory above ₹20 lakh), Section 44ADA presumptive taxation, ITR for proprietorship CAs, and audit-firm structure for partner-track aspirants.

Audience-specific note

CA services: 18% GST. Section 44ADA up to ₹50 lakh receipts. ICAI annual membership fee deductible u/s 37(1). LLP route allows partner-track without crossing the 20-CA-firm cap.

What's included

GST registration (if applicable)

MSME / Udyam registration

Shop & Establishment Act licence

Current account opening kit

PAN-linked business documentation

Free invoice template (Tally + Excel)

Process · 5stages · SLA-tracked

How sole proprietorship registration works for chartered accountants

Five stages, SLA-tracked, with a named CA who replies in under 12 minutes during business hours.

You

FilingLab

Govt

You

Initial requirements

You share KYC and service-specific details.

1 day

FilingLab

Document preparation

Our CA team drafts every form and supporting document.

2 days

FilingLab

Verification & filing

Senior review, then submission to the relevant government portal.

Same day

Govt

Government processing

Authority reviews and approves the application.

5–15 days

IF REJECTED

If the government raises a clarification, we respond within 24 hours at no extra service fee.

FilingLab

Certificate + handover

Final certificate downloaded and shared. Compliance calendar goes live.

Same day

You

· 1 day

Initial requirements

You share KYC and service-specific details.

FilingLab

· 2 days

Document preparation

Our CA team drafts every form and supporting document.

FilingLab

· Same day

Verification & filing

Senior review, then submission to the relevant government portal.

Govt

· 5–15 days

Government processing

Authority reviews and approves the application.

IF REJECTED

If the government raises a clarification, we respond within 24 hours at no extra service fee.

FilingLab

· Same day

Certificate + handover

Final certificate downloaded and shared. Compliance calendar goes live.

Chartered Accountants — frequently asked

Can I form a CA LLP?

Yes — since the 2021 LLP-CA Act amendment, CAs can incorporate LLPs. Must register with ICAI separately. Most preferred structure for new partnerships.

GST on CA practice?

Mandatory above ₹20 lakh annual receipts. 18% on professional services. Audit fees, retainership, advisory — all 18%.

Also for chartered accountants

Other services chartered accountants need

LLP Registration

for chartered accountants

₹5,999

10-15 days

GST Registration

for chartered accountants

₹1,499

3-5 days

GST Return Filing (Monthly / Quarterly)

for chartered accountants

₹999

Monthly

Income Tax Return (ITR) Filing

for chartered accountants

₹1,999

2-3 days