Image of a young man in a business suit sitting and smiling, holding a laptop. The background shows a blue sky with clouds, and a large magnifying glass focusing on a yellow diamond-shaped sign that reads "Quick Guide." The text states, "Quick Guide to Starting a Sole Proprietorship in India." In the top right corner, a logo reads "Kompany Services.

Quick Guide to Starting a Sole Proprietorship in India

A business that is independently owned and operated by a single individual is known as a sole proprietorship. One-person businesses, also known as sole proprietorships, do not need to go through the formal registration process because it is non-mandatory. One exception to this rule is that foreigners are not permitted to establish a sole proprietorship in India. There is only one owner with a sole proprietorship, and it takes only ten to sixteen days to get this kind of business off the ground a ...