Starting a business involves more than a great idea — it requires the right legal structure. Two of the most popular options in India are sole proprietorship and partnership firms. But which one suits your business goals? In this blog, we break down both models in detail: ownership, registration process, taxation, compliance burden, cost of setup, and legal risks. Proprietorships offer simplicity and full control, making them ideal for freelancers or solo entrepreneurs. Partnerships allow shared responsibility and capital pooling, ideal for co-founders. We also touch on liability concerns, how profits are divided, and what happens when a partner exits. By the end of this post, you’ll have a clear understanding of which format aligns with your financial goals, vision, and legal requirements. And with Legal Desk India, you can get started on your registration journey with complete peace of mind.
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