The simplest form of business where a single individual owns, manages, and controls the entire business; there is no legal distinction between the owner and the business.
Small traders, freelancers, and local shop owners who want minimal compliance and full control, and are comfortable with unlimited personal liability.
No dedicated central statute; registered via GST/Udyam/Shop & Establishment as applicable
PAN & Aadhaar of proprietor; passport photo; address proof; bank account proof; business address proof (utility bill/rent agreement); GST/Udyam/Shop & Establishment registration used as evidence of business existence.
No single certificate exists; GST, Udyam, or Shop & Establishment registration typically serves as proof.
Yes, using any of the above business registrations as proof.