What is a sole proprietorship, how do I create one, and how are they taxed?

Operating a business as a sole proprietorship means that you are the sole owner. A benefit of a sole proprietorship is that you do not have to comply with any of the corporate formalities that other entities do, such as registering with the state, therefore making the preparations for such a venture quite simple. Just by creating the company, you have created a sole proprietorship.

The Spring business lawyers at Garg & Associates will meet and consult with each client individually, discuss their business strategies, and arrive at a solution that best suits their needs. If you need a skilled business attorney, you owe it to yourself and to your business to consult with attorneys who have your best interests as their top priority. The Garg & Associates attorneys proudly serve all of North Houston and are simple a phone call away.

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