About the Service
Sole proprietorships are registered under the Registration of Business Names Act. A sole proprietorship is formed by only one person. It is easy to set up and links the owner of a business to their company.Companies structured as sole proprietorships can include individual freelancers, creatives, growing startups, and established businesses with physical storefronts or workspaces.The ability to operate as a sole proprietor, without formal registration or high costs, is especially beneficial if you’re building your startup as a side gig, outside your regular day job.The ease of establishment means you don’t have to be 100 percent committed or invested financially to begin operations.
Requirements for registration of a sole proprietorship/ partnership:
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