Simplify your proprietorship compliance with expert support from GMH & Associates.
✅ Mandatory filings for Income Tax, GST, TDS, PF & ESI
✅ Support for registrations & licenses (GST, MSME, FSSAI, Trade License, etc.)
✅ Assistance with audits, accounting & payroll compliance
✅ Avoid penalties & scrutiny with timely filings and reminders
✅ End-to-end compliance management for sole proprietors
A sole proprietorship is the simplest and most common form of business in India, owned and managed by a single individual. Due to its ease of formation and full control, over 60% of Indian businesses operate as proprietorships.
Despite minimal setup, proprietorships must comply with multiple tax, accounting, and labour laws. Failure to comply can lead to penalties, notices, audits, and loss of business credibility. Proper registrations, accurate record-keeping, and timely return filings are essential for smooth operations and long-term growth.
✅ Individual business owners operating under a sole proprietorship
✅ Traders, retailers, shop owners & service providers
✅ Freelancers & professionals operating in individual capacity
✅ Small & medium businesses not registered as LLP or Company
✅ Proprietors with employees requiring PF / ESI compliance
✅ Businesses registered under GST, MSME, FSSAI, or Trade License
✅ GST Registration (if applicable)
✅ MSME (Udyam) Registration
✅ Shop & Establishment License
✅ Trade License
✅ FSSAI License (food businesses)
✅ IEC – Import Export Code
✅ Professional Tax Registration (state-specific)
✅ ITR Filing (ITR-3 or ITR-4)
✅ Presumptive Taxation (44AD / 44ADA / 44AE)
✅ Advance Tax Calculation & Payment
✅ Tax Audit (if applicable)
✅ TDS Deduction & Returns
✅ GSTR-1 (Sales Return)
✅ GSTR-3B (Monthly Summary)
✅ GSTR-9 (Annual Return, if applicable)
✅ E-Way Bill Compliance
✅ Bookkeeping & financial statements
✅ Profit & Loss & Balance Sheet
✅ Salary processing & payroll records
✅ PF & ESI compliance (if employees applicable)
✅ Review business activity & applicable laws
✅ Identify required registrations & filings
✅ Collect documents & financial records
✅ File applicable returns (ITR / GST / TDS / PF / ESI)
✅ Monitor due dates & compliance calendar
✅ Provide reminders, corrections & audit support
⭐ Sole Proprietorship Compliance Specialists
⭐ Complete Coverage – Tax, GST, Payroll & Licenses
⭐ Timely Filings with Deadline Tracking
⭐ Dedicated Expert Support
⭐ 100% Online & Hassle-Free Process
⭐ Trusted by 50,000+ Businesses Across India
We don’t just register your business — we help you build a compliant foundation for growth.
If you need immediate assistance, please call:
Share a few details with us, and one of our compliance specialists will get in touch shortly.
We’ll guide you through the entire process — from selecting the right business structure to completing registrations and filings — free of charge.
No formal registration is required, but statutory licenses may be mandatory.
ITR-3 (normal) or ITR-4 (presumptive taxation).
Only if turnover exceeds the threshold or for interstate supply.
Yes, if turnover exceeds ₹25 lakh or income exceeds ₹2.5 lakh.
Yes, if total tax liability exceeds ₹10,000.
Yes, it can be converted into LLP or Private Limited Company.