What is a Sole Proprietorship

What is a sole proprietorship? Proprietorship firm registration in India is a type of unregistered business entity that is owned, managed, and controlled by one person. The micro and small businesses that are operating in the unorganized sector prefer registering as a proprietorship in India. It is very easy to start a sole proprietorship in India as it has very few regulatory compliances for conducting businesses. Proprietorship registration is ideal for the entrepreneurs who are getting into the business for small businesses with very few clients. The liability of the sole proprietorships is limited and they also do not have perpetual existence. https://www.registerkaro.in/sole-proprietorship- Who is a sole proprietor? A sole proprietor is the owner of the sole proprietorship, he is recognized as an entity same as the business. As the sole proprietor is the owner of the business he is entitled to all the company's revenue. The sole proprietorship is completely under the control of the proprietor. Hence, he makes the decisions for the company. To run a business as a sole proprietor some licenses and permits are required.Like GST registration for proprietorship The license will depend on the industry, state, and locality. Procedure for obtaining proprietorship registration How can Registerkaro help you in obtaining register sole proprietorship registration in India? The process of Sole Proprietorship registration online in India. There is no need to submit the documents manually. IndiaFilings has helped thousands of entrepreneurs to obtain proprietorship registrations in India. Once we receive a request our incorporation expert gets in touch with you and briefs you on the whole process. The expert will also guide you about the documents that are required to be submitted. Once the documents are submitted and the payment is initiated the process of registration begins. A relationship manager is assigned in the process who will guide you at every step. We can help you in obtaining the proprietorship registration in India within 8-10 days subject to the document submission. How to register a sole proprietorship in India? Starting a sole proprietorship in India is easy if all the compliances are properly met. Decide on the suitable business name. A suitable business location designated as the place of doing business should be selected.