FAQ Group: Proprietorship

Who is a proprietor ?

The owner of a sole proprietorship business in India is called a proprietor. It cannot be a corporate or legal entity. The proprietor and the proprietorship are considered to be the same entity legally. The PAN and other documents of the proprietor are the basis for obtaining all other business registrations and licenses. In case …

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Who is a proprietor ?

The owner of a sole proprietorship business in India is called a proprietor. It cannot be a corporate or legal entity. The proprietor and the proprietorship are considered to be the same entity legally. The PAN and other documents of the proprietor are the basis for obtaining all other business registrations and licenses. In case …

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What is a proprietorship ?

A sole proprietorship is a type of unregistered business entity that is owned, managed and controlled by one person. Sole proprietorship is the most common type of business in India and it is used by most micro and small businesses operating in the unorganised sectors. Proprietorships are simple to start and have minimal regulatory compliance …

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