SOLE PROPRIETORSHIP

Sole Proprietorship is a business where in the organization, name, business, properties owned are all governed and are registered under a single person’s name i.e. the proprietor.

It is the ideal form of business incorporation for a budding entrepreneur.

Benefits of Sole Proprietorship:

  • Economical process for incorporation.
  • Minimum compliances to be carried out.
  • Easy and fast incorporation processd

Essential registrations:

  • MSME Udyam registration
  • PAN card
  • Current bank account creation
  • GST registration
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