Documents for Sole Proprietorship Accounts

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Documents and Forms Required

List of Documents for a Sole Proprietorship

• Account Opening Form (duly signed by all Authorised Signatories with relevant seals)
• Customer Information Form(s) (CIF) of all Authorised Signatories/Proprietor signed in individual capacities.
• 2 ID proofs in the name of the entity.
• KYC of Proprietor.
• KYC of Authorised Signatory (if different from proprietor).
• Nature of industry proof (in case not indicative in entity documents, please check for invoice copy, bill of entry, freight invoice, or agreement copy).

Download Forms

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List of Other Applicable Documents

Below are the list of documents to be submitted in whichever cases applicable.

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Particulars | Entity ID Proof | Address Proof

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Registration certificate issued by Registrar of Firms, in case of registered partnership firm | Y | Y

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Valid Shops & Establishment Certificate | Y | Y

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Trade License | Y | Y

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GST Registration Certificate in the name of the firm | Y | Y

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CST / VAT Registration Certificate (for goods not covered under GST) | Y | Y

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Firm Registration certificate/letter issued by Institute of Chartered Accountants of India (ICAI), or Institute of Cost Accountants of India or Institute of Company Secretaries of India or Indian Medical Council | Y | Y

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Certificate by Food and Drug Control Authorities (if applicable) | Y | Y

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Latest copy of the Electricity Bill | Y | Y

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Latest copy of Telephone Bill from telecom operator | Y | Y

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True copy of gas connection book and latest gas receipt or Gas bill in case of pipe connection | Y | Y

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Latest Three months Bank Statement/Passbook from scheduled commercial bank with account opening cheque/Cancelled cheque (Not Applicable for Sole Proprietorship) | N | Y

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Trade Mark Registration Certificate (if applicable) | Y | Y

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Drug License (if applicable) | Y | Y

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License/ Certificate to Sell/ Stock/ Exhibit for Sale or Distribute Insecticide/Pesticide (if applicable) | Y | Y

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IEC (Importer Exporter Code) Certificate issued to the proprietary concern by the office of DGFT (if applicable) | Y | Y

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SEBI Registration Certificate (if applicable) | Y | Y

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Labour License/Certificate (Note: Labour certificate issued by Department of Labour Govt of National Capital Territory of Delhi is not considered) (if applicable) | Y | Y

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Registered Rent Agreement in the name of the company or Notarized Rent Agreement to be accompanied. Additionally, the rent agreement submitted should have at least 3 months of validity period from the agreement expiry date (if applicable) | N | Y

Udyam registration | Y | Y

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Related Information

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