Setting up shop in India

I had a discussion with a friend yesterday about the registration process for business in India. We were discussing the advantage of the Sole Proprietor model. Since I wanted to get some resources on the topic, a brief search turned up this site:

Looks like an excellent resource. From what I understand, the sole proprietorship model needs the least amount of paperwork, but does carry moderate risk because of the unlimited liability involved. However, in the details department this site lacks sufficient information to act as a comprehensive guide to navigating India’s convoluted bureaucrazy (I might just have coined something useful there!).

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