Society Registration

Brief Details About Society Registration

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Proprietor

  • The most common and simplest form of business is a sole proprietorship.
  • An individual proprietor owns and manages the business and is responsible for all transactions.
  • The owner is also responsible for all debts and liabilities.
  • The owner pays taxes on income from the business as part of personal income tax payments.

Registered Office:

  • Any place can be made as the registered office of the sole proprietor even the residential place can be used as the registered office of the sole proprietor.

Steps For Formation Of Proprietorship

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