Sole proprietorship concern

Dear all,
A sole proprietorship requires almost no legal formalities. It can start the day you want it to start. One may even open a bank account on the name of your sole proprietorship concern.

In case you wish to have a trade mark, design and use it as your trade mark. One may even register a Trade Mark with the proper authorities.

The only thing you must take care of is that you have the required licenses specific to your line of business. For Example: If you are a doctor you need a license to practice etc. Find out about your line of business and what licenses you may require before setting up.

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Thanks