Registration Requirements & Procedures for Sole Proprietorship

Publish Date: 07-01-2017 13:14:22 | Contact name: eFiling Portal | Location: INDIA | 19 times displayed |




A sole proprietorship is a business that belongs to a person who single
handedly goes into the business. It is a very common kind of business in
India as sole proprietorship businesses of a wide range can be easily
found here. In order to run a sole proprietorship, one is not required
to register with any government agency. Also, sole proprietors and their
business have no separate identity independent of each another. This
brings in to the market the personal assets of the sole proprietor in
case of debt.

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