How to register a sole proprietor business

Government has brought new Loan schemes i.e. Mudhra Loan etc., which require less paper work. Visit your desired Bank first. Have a meeting with Bank Manager and tell him your need. They will suggest you better. Basic documents are as follows:

1. KYC (Pan, Aadhar, Photo)

2. Bank Statement 

3. ITR for 3 years with Balance sheets

Though, if you are starting new business they may not ask ITR. Giving Loan is upon descretion of Bank Manager, so practically, if your Financials are strong, there should be no problem.

Dear Jitendra

For opning a sole proprietor business you need simply start with document of proprietor like pan ,aadhar,voter card and bank current account in the name of proprietor or business and  registered with govt authority like trade licenca,registration under gst not required if condition not satisfied.

*Document of loan *Pan card *Stock Statement *Debtors list *3 years IT return *current years estimated profit and loss acount and next year projected *if dealer agreement copy of with company *Bank Statement *if registered with gst - return filled upto date * upto date trade licence. * loan form *