First of all, we need to be clear that the cost of registering a sole proprietorship mainly includes two parts: administrative fees and notary fees.
Administrative expenses mainly include the cost of business license, tax registration certificate, organization certificate, etc. The exact amount of these fees will vary by region and policy. Generally, the sum of these costs is around $100-300.
The notarization fee is mainly used to notarize the identity certificate of the legal representative of the individual industrial and commercial household, the lease contract of the business premises, etc. The amount of the notary fee will vary depending on the content of the notarization and the notary public's fee schedule. Generally speaking, the total cost of notarization is about 200-500 yuan.
In addition to the above two fees, it is also important to note that if you need to hire a lawyer or accountant to provide you with legal and financial consulting services, then you will also need to pay for their services. The amount of these fees will vary depending on the type of service you choose and the service provider's fee schedule.
In general, the cost of individual registration of individual industrial and commercial households is about 300-1000 yuan. This is only an approximate range, and the exact cost will vary depending on your specific situation.
However, although the cost of registering a sole proprietorship is not high, as entrepreneurs, we also need to consider other expenses, such as rent, decoration costs, equipment purchase costs, employee salaries, etc. Therefore, before deciding to start a business, we need to do a good job of adequate financial planning to ensure that our entrepreneurial journey can go smoothly.