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Sole Proprietorship
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What is Sole Proprietorship ?
A Sole Proprietorship is the simplest form business structure, owned and managed by a single individual. this model, there is no legal distinction between the owner and the business, making the proprietor personally liable for, losses, debts, and legal obligations.
This structure ideal for freelancers, consultants, small traders, and local businesses, offering a straightforward setup with minimal compliance requirements. As a result, it's one of the quickest and easiest ways to start a business in India.
Why Do You Need a Sole Proprietorship ?
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Easy Setup- No lengthy registration process involved.
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Low Cost- No incorporation fees; minimal documentation.
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Full Control- The proprietor controls decision-making and management.
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Fewer Compliances- No annual filings or board meetings.
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Ideal for Testing Ideas- Great for starting small and scaling later.
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Tax Simplicity- Income is taxed as personal income, with no corporate tax structure.
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Fast Bank Account Opening- With basic business proof, accounts are easily opened.
Why Choose Us for Proprietorship Firm Registration ?
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