Sole proprietorship is one of the most popular business structures. It is also termed as sole trader ship, proprietorship or individual entrepreneurship.
Benefits of sole proprietorship are as follows
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Sole proprietorship? An Overview
Sole proprietorship is one of the most popular business structures. It is also termed as sole trader ship, proprietorship or individual entrepreneurship. It adheres to minimal compliance that makes the whole process seamless and easy going. Sole proprietorship is a term stated when there is no legal difference between business entity and the owner of the company. Any legal proceeding undertaken within the name of the company will include the owner as the same entity. It does not allow intervention of any third party in the legal matters.
Registrations needed for sole proprietorship are as follows:-
Procedures for establishing sole proprietorship are as mentioned below-
To register your sole proprietorship the following documents are required-
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