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Tag: sole proprietorship

Sole Trader/Sole Proprietorship in Pakistan

Posted on June 3, 2010 By masood 62 Comments on Sole Trader/Sole Proprietorship in Pakistan

 WHAT IS A SOLE TRADER? A sole proprietorship also known as a sole trader/sole owner, or simply proprietorship is a type of business entity which is owned and run by one individual and where there is no legal distinction between the owner and the business. All profits and all losses accrue to the sole owner…

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