What is company limited by shares A company limited by shares is a common business structure in which the liability of its shareholders is restricted to the amount they have invested or committed to invest in the company’s shares. This structure provides a clear separation between the financial responsibilities of the shareholders and the company… Read More »
Is It Important to Register a Name If You Are a Sole Proprietor? Introduction Starting a business as a sole proprietor is one of the simplest and most cost-effective ways to become self-employed. Unlike corporations or partnerships, a sole proprietorship is easy to set up and requires minimal formalities. However, one critical decision that many… Read More »
Sole Proprietorship and Corporation Introduction Choosing the right business structure is crucial for entrepreneurs. Sole proprietorships and corporations are two common forms, each with unique benefits and drawbacks. Understanding their differences can help business owners decide which structure best suits their needs. Definition Sole Proprietorship: A business owned and operated by one individual, with… Read More »
Introduction Starting a business is a significant step toward financial independence and professional fulfillment. A sole proprietorship is one of the simplest and most common forms of business ownership. It is often the first choice for entrepreneurs due to its ease of setup, minimal regulatory requirements, and direct control over business decisions. Understanding the concept… Read More »
Introduction How do I register a company as a sole proprietorship:-A sole proprietorship is the simplest and most common form of business structure owned and operated by a single individual. It is easy to set up and requires minimal formalities, making it an ideal choice for small business owners and entrepreneurs. This article provides a… Read More »