What is the difference between LLP and sole proprietorship? Introduction Selecting the right business structure is one of the most important decisions you’ll make as a business owner. It can affect your tax planning, your administrative burden, and your personal […]

ભારતમાં એકમાત્ર માલિકી માટે શા માટે ITR ફાઇલ કરવું ફરજિયાત છે? પરિચય એકમાત્ર માલિકી, ભાગીદારી અને કંપનીઓ જેવા અન્ય સમાવિષ્ટ વ્યવસાયોની જેમ, તેની કમાણી પર કર ચૂકવવો આવશ્યક છે. કાનૂની અર્થમાં, માલિકીની માલિકીની જેમ જ ગણવામાં આવે છે, અને આવકવેરા […]

Understanding the Consequences of Firm Dissolution Introduction When starting a business, entrepreneurs often focus on the excitement and anticipation of a successful venture. However, not every business succeeds, and occasionally they have to close their doors. The process of shutting […]

Dissolving Sole Proprietorship Firms: Essential Steps and Considerations Introduction A sole proprietorship firm’s dissolution is an important event that signifies the end of an enterprise run by a single person. Even though sole proprietorships are straightforward and flexible for business […]

What is a sole proprietorship? Why filing ITR is mandatory for a Sole Proprietorship in India? Introduction A sole proprietorship, like other incorporated businesses such as partnerships and companies, must pay tax on its earnings. In a legal sense, a […]

Sole Proprietorship VS OPC – A Comparison Between two important Organisation in India Sole Proprietorship and OPC are two different business structures. OPC is governed by the Companies Act governed by two different acts namely the Companies Act and Shop […]

What is a Sole Proprietorship and Documents required to Setup a Sole Proprietorship A sole proprietorship business is one in which a single person manages, and controls the company. Small enterprises working in the unorganized sectors in India use it […]

How to register a Proprietorship Company in India A sole proprietorship is the simplest and most common form of business in India. An individual proprietor owns and manages the business operations and is responsible for all business transactions. The sole […]

FAQs on Sole Proprietorship Firm Introduction to Sole Proprietorship firm A Sole Proprietorship firm is such a type of business entity that is owned, controlled and managed by a single person. The owner of the Business is called Sole Proprietor […]