best form of company (Prorietership/Partnership/LLP/Limited)

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 March 2010 Which is the best form of company (Prorietership/Partnership/LLP/Limited Company) to do software Service business with a foreign company ?

From following point of view
1) TAX
2) Ease of operation
3) Any special provision for STPI/SEZ

Thanks.

Rasesh

Rasesh (Expert)
Follow

17 March 2010 From tax point of view, LLP would be a better option. Since the company get remuneration at the same time, there is no MAT or DDT on LLP. A company form of business has MAT and DDT which are two deterrents. The LLP has a corporate structure which can own assets seperately and have an independent identity.

From ease of operations point of view too LLP would be preferred. Compliances of ROC are limited in LLP, while other compliances will remain the same.

Proprietorship and Partnership cannot be thought off since they are preferred only when the operations are small.

For STPI/SEZ, LLP or Company will not make any difference.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

bhavesh

Srikanthan S

rana andcompany

Pranab Banerjee

Gurunathan kannan

Subscribe Now

best form of company (Prorietership/Partnership/LLP/Limited)

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

CA Final

GST CONSULTANT

GST CONSULTANCY

Accountant

Manager- Finance and Compliance