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The Sole Proprietorship model fully integrates ownership, management, and control, so an entrepreneur has complete control over his business.
In contrast to a sole proprietorship, a one-person company is a legal entity that distinguishes between the owner and the company.
In the event of a default or legal issue, the promoter's liability is limited in an OPC. Unlike an OPC, a sole proprietorship business does not restrict its liability. It extends it to the sole Proprietor and their total assets, which means they would be liable for any debts owed to the business.
Applicant Document
Supporting Document