He decided to start a sole proprietorship.

他决定开办一家个人独资企业。

He enjoys the flexibility and autonomy of a sole proprietorship.

他喜欢个人独资企业的灵活性和自主性。

All the profits of a sole proprietorship go to the owner.

个人独资企业的所有利润都归老板所有。

A sole proprietorship is usually easier to set up than a corporation.

个人独资企业通常比公司更容易设立。

The risks and rewards of running a sole proprietorship are borne by the individual.

经营个人独资企业的风险和收益都由个人承担。

A sole proprietorship enterprise shall fulfill its obligation to pay tax in accordance with the law.

个人独资企业应当依法履行纳税义务.

Article 3 A sole proprietorship enterprise ' s main place of business shall be its domicile.

第三条个人独资企业以其主要办事机构所在地为住所.

A sole proprietorship enterprise may not engage in any business prohibited by law or administrative regulations;

个人独资企业不得从事法律、行政法规禁止经营的业务；

That is one of the advantages of a sole proprietorship.

这也是独资经营企业的优势之一。

A sole proprietorship ends with the incapacity or death of the owner.

当业主无力经营或死亡的时候,这家个体企业也就宣告结束.