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What does sole proprietorship mean?

A sole proprietorship is a type of business structure where an individual owns and operates the business. In this setup, the owner is solely responsible for all aspects of the business, including its debts, liabilities, and profits. It is the simplest and most common form of business ownership. If you choose sole proprietorship as your business type, we may request additional documents for account approval, such as a business certificate, tax proof, or other relevant documentation.

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