11/10/2019

Registration of Sole Proprietorship in India and its Advantages

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India is full of people who are operating their business in the form of Sole Proprietorship. People generally start their small businesses by forming a Sole Proprietorship. So, it’s necessary to have some basic knowledge about it .

What is a Sole Proprietorship?


As the name suggests, it is a business entity formed in the name of a single person. That person owns the business, manages it and controls the various operations. It can simply be formed by any person who wants to start a business without going through various legal formalities. The Sole Proprietor must be a Citizen and Resident of India.

Read More :- Registration of Sole Proprietorship in India and its Advantages
Tags: Sole Proprietorship firm / Sole Proprietorship Registration / Business Registrations / advantages of sole proprietorship / Policies

 

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