The easiest and simplest form to es

The easiest and simplest form to establish
Owned and run by an individual for the own benefit
Request the commercial registration at Department of Business Development
Business carried on a sole proprietor’s right, either under a personal name or a business name
Rely on loans and personal assets to initially finance their business.
All liabilities and debts as the personal liabilities
Income from a proprietorship considered as the owner’s personal income
Pay personal income tax (Prepare cash book - No bookkeeping) for tax declaration.
File tax returns form 90, 91