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From PAN to Bank A/C: Registration Essentials for Freelancers and Founders

Published on July 13, 2025

Going independent or starting up? Here’s the official checklist you must complete before earning your first rupee.

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The moment you decide to start freelancing or launch your own venture, your responsibilities extend beyond just client work or product development. In India, getting officially registered is the first real step toward becoming a legitimate business.

Whether you're a solopreneur or a startup founder, here’s your complete compliance playbook from Aarvis Solutions—backed by professional expertise and transparent pricing.


1. Choose Your Business Structure

Your journey starts by selecting a legal structure:

  • Proprietorship (ideal for freelancers, quick & low-cost)

  • Partnership / LLP (for two or more co-founders)

  • Private Limited / OPC (for those seeking investor readiness or limited liability)

💡 Tip: Start as a proprietor and upgrade later as your business scales. Aarvis offers all formats—whether you're solo or a team of ten.


2. PAN & TAN Registration

If you're operating as anything other than an individual, you’ll need:

  • PAN (Permanent Account Number): For tax filing and identification

  • TAN (Tax Deduction and Collection Account Number): Required if you deduct TDS while paying vendors or employees

💼 We assist in PAN & TAN registration seamlessly.


3. MSME/Udyam Registration

Even freelancers and service providers are eligible for MSME registration, now called Udyam Registration. Benefits include:

  • Easier bank loans

  • Government tenders

  • Subsidies and tax benefits

💰 Cost with Aarvis: ₹1,000/-


4. Open a Current Bank Account

Having a dedicated current account in your business name:

  • Helps separate personal and business income

  • Boosts credibility with clients

  • Is required for many registrations and tax filings

🏦 We help you open a bank account post-registration (Proprietorship/LLP/Pvt Ltd), complete with PAN, proof of address, and registration docs.


5. GST Registration (If Applicable)

You’ll need GST registration if:

  • Your turnover exceeds ₹20 lakhs (₹10 lakhs for NE states)

  • You provide online services outside your state or to international clients

  • You sell digital goods/services online

✅ With Aarvis, you can get GST registered for just ₹5,000/- including all documentation.


6. Digital Signature Certificate (DSC)

For filing returns, signing legal documents, or applying for government registrations, a DSC is often mandatory.

We offer:

  • Signature-only DSC (3 years) – ₹2,700

  • Signature + Encryption combo (2 years) – ₹5,000


7. Optional but Recommended

  • Import Export Code (IEC): Required if you provide services/products outside India – ₹3,000

  • LEI Registration: Mandatory for businesses dealing in large financial transactions – ₹10,000

  • Trust / NGO Registrations: If you're building a non-profit, we offer 12AA/80G-compliant trust setup.


8. What If You Miss These Steps?

Skipping basic registrations may:

  • Invite tax penalties

  • Cause payment delays from clients

  • Lead to inability to claim expenses or file ITR properly

  • Disqualify you from financial support schemes


How Aarvis Solutions Helps:

We act as your compliance partner, not just a document processor. From choosing the right structure to completing registrations and opening bank accounts, we walk with you every step of the way.

📦 Our Registration Combo Packages start at just ₹1,500/-
📞 End-to-end advisory + documentation + government portal handling


Start Right. Stay Right.

Let Aarvis Solutions handle the red tape while you focus on growing your business. Book a free consultation today and hit the ground running—registered, bank-ready, and GST-compliant.

👉 Book a Free Consultation

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