Proprietorship registration is the simple form of business organisation which is owned and operated by a single person/ individual. It usually involves choosing a business name, obtaining licenses from local authorities, and registering the brand under Trademarks Act. The main advantages of this form of entity are minimal compliance and simple mode of operation. This form of business is most suitable for small businesses without having any external investment.
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Proprietorship registration is the simple form of business organisation which is owned and operated by a single person/ individual. It usually involves choosing a business name, obtaining licenses from local authorities, and registering the brand under Trademarks Act. The main advantages of this form of entity are minimal compliance and simple mode of operation. This form of business is most suitable for small businesses without having any external investment.