SOLE PROPRIETORSHIP REGISTRATION

As the name suggests, a sole proprietorship firm is formed by one individual called the “proprietor” who will be solely responsible for the business and its transactions. A registered sole proprietorship company does not enjoy a distinct legal entity like a private limited company or a limited liability partnership. The owner and the proprietor and the firm all are treated as one unit, i.e. the firm and its owner are not different from each other. To register a sole proprietorship company in India,

Through Sterlyne the proprietor needs to choose a name for his or her business and a place to carry out the business. There are not any extensive legal formalities involved and even registering a sole proprietorship firm is not compulsory but doing so adds some perks for the smooth functioning of the business. 

This type of registration is for those proprietors who choose to run the business single-handedly. Although there is no specific Act to regulate this registration. But with the guidance of Sterlyne the proprietorship company registration in India can be completed. Also, the small businesses aiming to take lower risks prefer this structure.