Why Choose a Proprietorship?
Registering as a Proprietorship offers several advantages:
Full Control: Sole owner makes all business decisions without external interference.
Tax Benefits: Profits are taxed as personal income, avoiding double taxation.
Operational Flexibility: Easily adapt to business changes without extensive formalities.
Direct Profit Retention: Owner retains all profits generated by the business.
Benefits of a Proprietorship
Ease of Formation: Quick and simple registration process.
Full Control: Sole decision-making authority.
Operational Flexibility: Adapt easily to business changes.
Direct Profit Retention: Owner keeps all profits.