Tag Archives: #SoleProprietorshipLegalities

LLP and Sole Proprietorship: Which is better LLP or Sole partnership ?

LLP and Sole Proprietorship     The transformative decision of selecting between a Limited Liability Partnership and a Sole Proprietorships influenced by an array of factors. It is ranging from your business goals to liability protection, and even management structure. Within this captivating landscape, careful consideration of these elements paves the way for an informed… Read More »

OPC or sole proprietorship?

OPC or Sole Proprietorship   OPC or sole proprietorship are two different legal business structures, each with its own advantages and considerations. Here’s an overview of each: OPC (One Person Company): OPC is a legal business structure that allows a single individual to establish a company with limited liability. It provides benefits such as separate… Read More »

Sole proprietorship registration process

Sole Proprietorship Registration Process   Sole proprietorship registration process involves the following steps: → Choose an Exceptional Business Name → Opt for a distinct and one-of-a-kind name for your sole proprietorship.. Ensure that the chosen name complies with any local or regional naming guidelines or restrictions.   1. Obtain Necessary Licenses and Permits: Research and… Read More »

Is it important to register a name if you are a sole proprietor?

Sole Proprietorship Registration In most cases, it is not a legal requirement for a sole proprietor to register their business name. Since It does not consider a separate legal entity from the owner, the business name is typically the same as the owner’s name. However, if the owner wishes to use a business name different… Read More »