Who is the sole proprietorship for
The sole proprietorship is suitable for small projects where you want to start quickly with few formalities. It does not offer protection of personal assets and does not have a separate legal personality.
Suitable if you…
- Start on your own with a simple activity
- Have a very limited launch budget
- Carry out a craft or commercial activity
- Want formalities kept to a minimum
- Do not have high financial risk
Capital
None
No contribution
People
1
In own name
Resp.
Unlimited
Personal heritage.
