Proprietorship Firm
Start, run and grow your business with ease.
4 reasons to choose Sole Proprietorship
The benefits of registering a proprietorship include the following:
Simplified business ownership
Sole proprietorship structure is very easy to get started and in many cases, offers the lowest cost of entry for starting a business. It is also a simple way for freelancers and other self-employed professionals to get paid for their work by setting up a company that has no more than one owner.
01
Proprietorships are easy to form and close compared to other types of businesses
02
Starting a proprietorship is cheaper than registering a company
03
Proprietorship companies are not subject to corporate tax
04
Compared to other business forms, compliance is minimal
