What does Sole Proprietorship mean?
The simplest business form under which one can operate a business. It is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its debts.
A sole proprietorship is the simplest business structure, with no legal distinction between the owner and the business entity.
Sole Proprietorship in German, French, Spanish and Italian
GermanEinzelunternehmen
Rechtsform, bei der eine Einzelperson das Unternehmen führt.
FrenchEntreprise individuelle
Entreprise gérée par une seule personne physique.
SpanishEmpresa individual
also Propietario único
Negocio propiedad de una sola persona que asume todo el riesgo.
ItalianDitta individuale
also Impresa individuale
Attività economica facente capo a un solo titolare.
Common phrases with Sole Proprietorship
- simplest structure sole proprietorship
- no legal distinction sole proprietorship
- owner sole proprietorship
Synonyms and opposites for Sole Proprietorship
- Synonym Single trader
- Opposite Partnership
- Opposite Corporation