What is Sole Proprietorship?
A sole proprietorship, also known as the sole trader, individual entrepreneurship, or proprietorship, is an enterprise owned and run by one person. There is no legal distinction between the owner and the business entity. The owner is in direct control of all elements of the business.
What are the Features of a Sole Proprietorship Firm Registration?
The main features of a proprietorship firm of business are as follows:-
- One person ownership
- No separate business entity
- Unlimited liability
- All the profit or loss to the proprietor
- Fewer formalities
- Instant decision making
What are the services SattvaCFO offers to Proprietorship Firm?
- Income Tax Registration & Filing
- GST registration
- MSME registration
- Shop and Establishment Act License
- Current account opening
- Set of legal agreements and documents
- Legal advisory, updates, and developments
How can SattvaCFO help in Sole-Proprietorship Firm Registration in India?
SattvaCFO has years of experience in Sole-Proprietorship Firm registration. All you need to do is call us or email us for hassle-free Sole-Proprietorship Firm registration in India.
