Setting up propritership and individual impact

Hello,

I have a situation wherein my company (for whom I work for) want me to open a Sole Propritership on my name and have some business earning through it. This is a business flow compulsion and needs to be done i.e. Money has to come in my name.

Now the solution they reommend is to have a propritership in place and have earnings come in there. Then company would raise equal amount invoice against this propritership and cancel out this eanring. This would result in no actual earning remaining with me and hence no tax compulsion on my individual end.

I wanted inputs if this is something OK to do and does not involve any risk in near or long term? If Yes, is there is a way I should go about this so that risk is minimized or I should not do it at all.

Thanks in anticipation for any inputs that you make available to me.

Regards