Sole Proprietorship is a business owned, managed, and
controlled by a single person. It is one of the most common
business types in India, especially among small businesses in
the unorganized sectors.
Sole Proprietorship Registration involves various
registrations, such as service or sales tax registration.
However, it comes with several drawbacks, including the
unlimited liability of the proprietor and the absence of a
continuous existence.
Due to these limitations, it is a preferred business structure
for small merchants and brokers. Sole Proprietorship
Registration services are provided by CA Saheb.