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Sole Proprietorship

A sole proprietorship is a business structure where an individual operates and owns the business as a single entity. It is the simplest and most common form of business ownership. In a sole proprietorship, the owner has complete control over the business and is personally responsible for its debts and liabilities. This description provides an overview of sole proprietorships, highlighting their characteristics, advantages, and disadvantages. It explains the concept of sole proprietorship and its relevance for individuals looking to start and operate their own businesses.

Latest Articles


Everything About Sole Proprietorship with FAQs

Corporate Law : Learn how to register a sole proprietorship in India. Understand eligibility criteria, required documents, registration procedures...

May 15, 2024 5181 Views 0 comment Print

Income Tax Implications of Converting Partnership/Proprietorship to Pvt. Ltd

Income Tax : Article explains Income Tax Implication of conversion of Partnership Firm / Proprietorship Firm in to Private Limited Company...

May 2, 2024 8874 Views 0 comment Print

Choosing the Right Business Structure: Analysis & Tax Impact

Corporate Law : Explore various business structures in India and their tax implications. Understand the advantages, disadvantages, and regulatory ...

April 30, 2024 2028 Views 0 comment Print

Beief Analysis On Sole Propritorship V/S One Person Company

Company Law : Explore the distinctions between sole proprietorship and One Person Company (OPC) under the Companies Act, 2013. Learn about regis...

April 20, 2024 1053 Views 0 comment Print

Choosing the Right US Business Entity: A Comprehensive Guide

Corporate Law : Navigate complexities of selecting a business entity in US. Learn about formation, liability, taxation, compliance, and fund-raisi...

December 25, 2023 486 Views 0 comment Print


Latest Judiciary


Sole Proprietorship & Company Merger/Amalgamation is Prohibited

Company Law : NCLT Delhi held that an amalgamation of a Sole Proprietorship Firm with a Company is not permissible under the law. Thus, Merger a...

December 25, 2023 8913 Views 0 comment Print


Latest Posts in Sole Proprietorship

Everything About Sole Proprietorship with FAQs

May 15, 2024 5181 Views 0 comment Print

Learn how to register a sole proprietorship in India. Understand eligibility criteria, required documents, registration procedures, and compliance obligations. 

Income Tax Implications of Converting Partnership/Proprietorship to Pvt. Ltd

May 2, 2024 8874 Views 0 comment Print

Article explains Income Tax Implication of conversion of Partnership Firm / Proprietorship Firm in to Private Limited Company

Choosing the Right Business Structure: Analysis & Tax Impact

April 30, 2024 2028 Views 0 comment Print

Explore various business structures in India and their tax implications. Understand the advantages, disadvantages, and regulatory requirements to make an informed decision for your business.

Beief Analysis On Sole Propritorship V/S One Person Company

April 20, 2024 1053 Views 0 comment Print

Explore the distinctions between sole proprietorship and One Person Company (OPC) under the Companies Act, 2013. Learn about registration, legal status, liability, taxation, and more.

Sole Proprietorship & Company Merger/Amalgamation is Prohibited

December 25, 2023 8913 Views 0 comment Print

NCLT Delhi held that an amalgamation of a Sole Proprietorship Firm with a Company is not permissible under the law. Thus, Merger and Amalgamation of sole proprietorship firm and company is not possible u/s 232 of Companies Act, 2013.

Choosing the Right US Business Entity: A Comprehensive Guide

December 25, 2023 486 Views 0 comment Print

Navigate complexities of selecting a business entity in US. Learn about formation, liability, taxation, compliance, and fund-raising options for sole proprietorships, partnerships, LLCs, and corporations.

Sole Proprietorship and its different Registration

May 15, 2023 1179 Views 0 comment Print

Explore the world of Sole Proprietorship, an unincorporated business with a single owner. Understand its simplicity, advantages like easy establishment, and disadvantages such as difficulty in obtaining funds. Discover various registrations like MSME, Shops and Establishments, FSSAI, and GST, tailored to meet business requirements.

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