1. Choose a Business Name

• Select a unique and clear name for the business
  
• The name can reflect the nature of the business or be the owner’s personal name
  
• There is no need to register the name with any central authority
  
• Avoid names that conflict with existing trademarks or brands
  
• Use the chosen name consistently in all documents and dealings
  

2. Obtain a Shop and Establishment License

• Apply for this license from the local municipal corporation or state labor department
  
• This is required for physical business locations such as shops or offices
  
• Documents typically include identity proof, address proof, and an application form
  
• Processing time and requirements vary by state or city
  
• This license helps in establishing the legal existence of the business
  

3. Register under Udyam (MSME Portal)

• Visit the official Udyam registration portal
  
• Provide Aadhaar number, business name, and activity details
  
• This registration gives the business MSME status for schemes and benefits
  
• No registration fee is required
  
• The certificate acts as proof of the sole proprietorship
  

4. Open a Business Current Account

• Approach a bank with the required documents to open a current account
  
• Documents may include PAN card, Aadhaar, business proof like Shop Act or Udyam certificate
  
• A current account helps manage business transactions separately from personal finances
  
• The bank may ask for a letterhead or rubber stamp with the business name
  
• Using a business account builds credibility with clients and suppliers
  

5. Apply for Necessary Licenses and Registrations

• Based on the nature of the business, additional licenses may be required
  
• Common registrations include FSSAI for food businesses or trade licenses for certain activities
  
• For selling on e-commerce platforms, seller registration is also required
  
• Collect all relevant documents like address proof, photos, and NOC if working from rented premises
  
• Maintain copies of all registrations for official use and verification purposes