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Sole Proprietorship

“Doing it Alone” - It is a form of business entity which is no different from its owner. It is the simplest form of doing business with minimal capital requirement and low cost maintenance and minimal compliances.

Benefits of Sole Proprietorship

  • 100% Control of your business
  • Simplified & Cheapest form of business organization
  • Negligible compliances
  • Highest secrecy level
  • Simplified tax reporting

Documents needed to get you started

  • Shop Act
  • Pan Card
  • Bank Account
  • Business specific licensing and registration – FSSAI, RERA, PT, GST etc.

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