Private Limtited Registration
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It is the unorganized form of business and Most common and easiest whereby the business is managed and owned by only one person i.e. Proprietor. Proprietorship business does not attract laws and compliances thus they are easy to manage. Though the sole proprietorship enjoys the benefit of simplified procedures but is deprived of the many benefits offered by other forms of businesses such as limited liability, separate Legal entity and transferability to name a few.
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