Can sole proprietorship be transferred to another person? Can sole proprietorship be transferred to some else? Can I tra...
Life of sole proprietorship?
Existence is subject to the life of the owner of sole proprietorship and cessation of the business by the owner.
Can sole proprietor register for GST?
Yes. GST registration is subject to meet out the criteria and if the sole proprietorship meets the criteria then it is a...
Tax for sole proprietorship?
The profits derived from sole proprietorship is taxed at the ownerβs personal income tax rates.
Loan for sole proprietorship?
Obtaining loans from banks or financial institutions is only by mortgaging the ownerβs personal assets.
Public perception on sole proprietorship?
The Sole Proprietorship is regarded least trust worthy and credibility among all types of entities.