Sole Proprietorship Articles

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Advantages and Disadvantages of Sole Proprietorship
Sole Proprietorship gives the person the liberty of taking decisions alone, to spend and invest the amount of profit alone. They are not required to share the profit with anyone.But in initial stages, the sole owners become anxious and have various doubts regarding business’ success. Many questions arise in their mind such as how long it would take to make it on their own, how they would be able to manage everything alone and more which is quite to fine to an extent.It is very difficult to do things all alone and without proper guidance. But now, you don’t need to worry anymore...

Sole Proprietorship Registration Requirements in India
Are you planning to avail Sole Proprietorship Registration for your new business? If yes, then wait for a few minutes. There are many elements that you should surely know before enrolling your firm or shop as this particular business entity.You should fully understand what Sole proprietorship, actually means, what are the advantages and disadvantages it offers, and more. So, in this blog, we have covered the following topics:Definition of Sole ProprietorshipWhat is meant by Sole Proprietorship Registration?Advantages of registering your business as Sole ProprietorshipDisadvantages ...

Steps to Register a Proprietorship Firm in India
A sole proprietorship is a kind of a business too but unregistered one. And it’s owned by one person only. He is the only one to control and manage it.A Sole proprietorship is also a very common form of business in India and used by those mostly who are into the micro and small businesses that operate in an unorganized sector. The Sole proprietorships are rather easy to start as well and require a very minimal amount of regulatory compliance to operate. However, what’s different in them is that once the promotion phase is over, it doesn’t offer its promotor the kind of host o...

What is the application process for a sole representative visa London?
A sole representative visa is an attractive way for any overseas business to set up their business or expand the operations to UK. This post will give you all the details concerned to Sole Representative Visa London.What is a Sole Representative visa?A Sole Representative Visa is a UK visa category that is specially designed for businesses which want to expand their presence to the UK. Through this visa, a company or a business can allow an individual as their sole representative to set up their business operations in the UK. This individual would be all eligible to represent the business,...

Make the Most of Sole Representative Visa UK
The primary purpose of Sole Representative Visa UK is to allow a person representing overseas business enter the country and run and establish registered branch here. This might also be subsidiary fully owned by a business in UK. The person this overseas business chooses becomes the sole representative. He or she has the right to both set and operate UK branch and its subsidiary. Part of the everyday duties as per the visa includes the following.Full time employment in UK for employersExtend the visa period beyond initial granted periodBring family or dependants to UKMake a settlemen...

Sole Representative Visa and ILR Visa UK in Brief
The only way of the application of this Sole Representative Visa is if you come from outside UK and as an outsider of European Economic Area or Switzerland. There are other options available for you like       You are an employee or representative of a company and you come to UK in order to settle down by establishing a new branch of your overseas company in UK.       Another way of entry is if you are an agent of any news paper or a journalist.There are certain criteria that you need to fulfil in order to be the applicant o...

TIPS IN STARTING A BUSINESS IN AUSTRALIA
Australia may sometimes be labelled as a laid back country, but take a look at the business sector and you’ll see how the Australian trade and industry is so dynamic—the business profiles are so diverse and cater to every person’s needs. The country’s market is a host of innovative enterprises, and to break through, you bet that differentiating your business and standing out is a must.It is very exciting to embark in a new business venture, but to know where to start, one must have a clear vision of how the business should turn out. Is it a small or a big business? Do...

How to open a current account as a sole proprietor
Sole proprietors can easily open a current account online, provided they do with the help of a leading bank.Current accounts are required by businesses to manage their daily financial operations. All banks in India offer current accounts to businesses, however, only a few allow sole proprietors to open current accounts. The current account features are also extended to sole proprietorships, while the bank may also have a fully digital application process.These are the steps to open a current account as a sole proprietor:#1 Look up the bank’s documentation and application process....

Know More about Sole Representative Visa UK
This visa is also known as overseas representative visa. Sole Representative Visa UK is very popular for those who are to apply for entrepreneur in UK for the extension of the business. Overseas companies are allowed to send one representative to UK to set up the business and it includes the market research, registering the company and other services for the profit of business.Eligibility to apply for Visa-Employed must be fulltime as a overseas company.The main company should be outside of UK.Entry clearance should be completely done before entering in UK.Applicant must have simil...

What is UK Partner Visa and Sole Representative Visa?
The unmarried UK Partner Visa allow partner to remain in or enter UK on basis that one is in relationship with someone settled in and present in the country. Those settled there are ordinary residents without any immigration restriction related to the stay durations. This visa is for both same sex and heterosexual relationships but you have to prove that this relationship subsists and exists for two years or more. With the UK Partner Visa success, you would be able to start work immediately.Eligibility criteria Both you and the sponsoring partner should be of 18 years age or more&nbs...

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