In the proprietorship firm all the activities is run and managed by one person only. It is a standout amongst the most well-known type of business in India. It is the best way to start your business at low cost and low statutory regulations.
Registration cost is cheaper than other entitiy
Tax exemption in income tax on income upto 2.5 lacs
Easy to start
Less legal formalities
Business will start in 3-5 working days only