What Is a Sole Proprietorship?

Sole proprietorship is a foreign investor that independently invests or purchases an enterprise in the investing country and is independently operated by a foreign investor. A form of international use of foreign capital. The ownership and operating rights of the enterprise are all controlled by the foreign investors. Foreign investors invest in countries other than their own to expand the market for commodity sales, access to raw materials and cheap labor. However, it has also imported capital for investment countries, introduced advanced technology and management experience, trained skilled technical personnel, and increased employment opportunities. The country has expanded exports of goods by providing venues, labor, raw materials, power, and commodity supplies for foreign investment. China has also established wholly foreign-owned enterprises since 1979. ^[1]