Sole Proprietorship

Sole Proprietorship is the simplest form of business where an individual owns, manages, and controls the entire business.

Advantages

  • Easy to Start and Close
  • Full Control & Ownership
  • Low Compliance Burden
  • Lower Taxation (Individuals)
  • Full Privacy in Operations

Necessary Registrations

  • GST Registration (if required)
  • Udyam/MSME Registration
  • Shop and Establishment License
  • PAN Card for the Proprietor
  • Bank Account in Business Name

Ready to Open Your Door to Success?

Schedule a free consultation today and discover how Legal Door can help you achieve your legal objectives.