A sole proprietorship is a business owned, managed, and operated by a single individual, making it one of the most prevalent business structures in India, particularly among small enterprises in unorganized sectors.
Sole Proprietorship Registration encompasses various registrations, such as service or sales tax registration. However, it comes with several drawbacks, including the proprietor's unlimited liability and lack of perpetual existence. Hence, it is favored by small traders and brokers as a business structure. miraculoustaxes facilitates Sole Proprietorship Registration.