A sole proprietorship is a business that is owned, managed and controlled by one person. It is one of the most common forms of business in India, used by small businesses operating in the unorganized sectors.
Proprietorship is a Self-Owned Business that can be register with any business name, provided its legal. There is nothing as proprietorship registration on paper; but it can be recognised as an unorganised business structure under the various departments such as Service Tax, VAT etc. based on the business set-up and category.