Start your business with confidence
Register your Dream Company in easy ways!
Call On 9990915659 for Quick Registration
The sole proprietorship is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its debts. A sole proprietorship can operate under the name of its owner or it can do business under any other name which he wishes to register.
The sole proprietorship is a popular business form due to its simplicity, ease of setup, and nominal cost. A sole proprietor need only register his or her name and secure local licenses, and the sole proprietor is ready for business.
- It is the simplest and easiest form of business
- There is no legal distinction between the owner and the business.
- Easy to register.
- There are less legal compliances and regulation in comparison to company
- Only Income tax is required to be filed.