Sole Proprietorship Firm Registration

Sole Proprietorship Firm Registration

By filingbazaar at 2020-04-15
0 collector • 252 pageviews

Sole proprietorship business is controlled and managed by a single individual. Further, no agreement is required to form such a business entity. However, a Sole Proprietorship Firm Registration needs to get registered in its business name under any of the prescribed acts suitable to his business. Starting a proprietary concern or proprietary firm is a simple process. There is no formal registration to be done.If you have a small capital, then this is the most cost-effective way of business. A registration under any of the government acts is considered equivalent to the registration of a sole proprietorship business.

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