Keyword Sole Propritership Vs One Person Comapny

Posted Under :  Lawyers - Advocates < Services
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  • Posted By : kavita123-
  • Posted Date : December 6, 2019
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A sole proprietorship means single ownership which is simple for any business and managed by the one-person company. Registration is not mandatory for sole proprietorship for their business. It is free to make a decision and contact others about the business.

One-person Company is a company which has only one member as director or shareholder, which come under section 2(62) of the company Act,2013.

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Sole propritership vs one person Company

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