Registration Requirements & Procedures for Sole Proprietorship INR - 1

Publish Date: 10-01-2017 17:27:43 | Contact name: eFiling Portal | Location: INDIA | Place: Gurgaon, Haryana |

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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