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29 October 2008 If one wants to open up a yoga centre, could anyone suggest what could be a better option for the form of registration of the same, keeping in mind that it is with a profit motive. Also there are only 4 members at present. It would be better if I could get the tax implication even with the support of your reply.

30 October 2008 With perpetuation of the centre in mind better it is opened as a company.

30 October 2008 Thanks for the reply but could there be some other option coz in case of a company there are lot of formalities to be met over.




31 October 2008 Think of Limited Liability Partnership as and when the legislation is through.

07 November 2008 Is there least tax formalities?

15 November 2008 You can also register your club as a normal partnership firm. There will be not much tax implications.



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