Back to Home

Sole proprietorship

Salient Feature of Sole Proprietorship Firms

Posted By admin on December 25, 2013 No Comments

We help to form Following Entities in India for last 22 year-download-3

  • Sole Prop Firm
  • Partnership Firm
  • Private Limited Company
  • Public Limited Company
  • Section 8 Company
  • NGO/ NPO Formation
  • Subsidiary Company Formation
  • Branch office in India

Ease of formation-

  • This form of organization can be easily formed
  • It does not involve any cumbersome legal formalities.
  • Registration of the firm is not mandatory.
  • The owner sometimes required to obtain a license pertaining to the line of business from local government agency.

Capital Requirement

  • The capital required by a sole proprietorship form of business organization is totally arranged by the sole proprietor.
  • Proprietor can arrange from his personal resources or by borrowing from relatives, banks or other financial institutions.

Management & Control-

  • The owner has complete control on all the issues related to the business.
  • He can take all the decisions related to any aspect of running the organization.
  • The ultimate control rests vest in the hands of properitor.

Legal status-

  • In law, the sole trader and his business are considered as single entity
  • All the assets and liabilities of the business are the personal assets and liabilities of the proprietor.
  • The owner and the business exist together. Sole trader and business are considered as one in the eyes of Paw.

In case you need any further information-

Form your Sole proprietorship in Just 3 days time

Contact us at 9818092002
Email : for more query or formation or document requirement

Unlimited Liability-

  • The liability of the sole proprietor is unlimited.
  • In case of loss the business assets along with the personal properties of the proprietor shall be used to pay the business liabilities.

Distribution of Profits/ loss-

  • The owner is responsible for any profit generated or loss incurred by the organization.
  • The owner has unlimited liability and it extends beyond his capital investment in business.

Lack of Continuity-

  • The organization exists only so long as the proprietor is alive. In the event of accident, illness or death of the proprietor, the business comes to an end.


  • The proprietor himself bears all the risks. No body else has any stake in the business.

In case you need any further information

Contact us at 9818092002
Email :

Filed under Sole proprietorship Tagged with Tags: , , , , , , , , , , , ,

what is sole proprietorship?

Posted By admin on December 25, 2013 No Comments

The sole proprietorship is the oldest, simplest, and most common form of business entity that is owned and operated by one individual. For tax and legal liability purpose, the owner and the business are one and the same, which means that business profits are reported and taxed on the owner’s personal tax return. The proprietorship is not taxed as separate entity… The proprietor is personally liable for all debts and claims against the business. Thus, legal claimants can pursue the personal property of the proprietor and not simply the assets used in the business.

In case you need any furtherinformation

Contact us at 9818092002
Email :

Filed under Sole proprietorship Tagged with Tags: , , , , ,


about sec 25 company Advantage of Company Registrationn Advantage of setting up branch Office in India advantages of a sec 25 compay advantages of sec 25 company applicability of sec 259 on sec25 company applicability of sec 274 on sec25 company applicability of sec 275 on sec25 company Benefits of Company Formation in India can nri invest in section 25 companies? Company Formation Advantage and Disadvantage Company Formation advantages company Registration advantages Company set up benefits in India fdi requirements for sec 25 companies How to file Income tax return by Non Resident Indian How to Setup Branch office in India Listing of Advantages of Filling Taxes in India merits of sec 25 company Please find below the example of some cases where u need to submit positive aspects of a sec 25 company sec25 company's directorship requirements Sec 25 company disadvantage sec 25 company limitation seven key points of a section 25 company whar are the characteristic of a section 25 company? what are the advantages and disadvantages of a partnership firm? What are the benefits of sec 25 company? What are the disadvantage of Section 25 company what are the disadvantages of partnership? what are the fcra requirements for section 25 companies? what are the limitation of Section 25 company WHAT ARE THE MERITS OF SEC 25 COMPANY? what are the negative aspects of section 25 company What are the objective of setting up branch office in India What are the positive aspects of sec 25 company? what do you mean by mutual agency what is ngo? what is partnership deed? what is the difference between npo and trust? what is the difference between section 25 company and society? When We need to file Income tax Return Why NRI need to file Income tax return in India why we Wish to set up Branch office in India