Setting up new business..

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Rohit Agarwal (Querist)
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12 November 2014 hello everyone, I want to set up my business so can anyone please suggest me in which form I should incorporate it ? whether it should be in partnership or by forming company.? what are the pro's and con's of both of them from tax as well as legal point of view..

Amol S Joglekar

Amol S Joglekar (Expert)
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12 November 2014 That will depend upon the size with which you want to enter the market. Small---proprietorship, medium----partnership and large---Company

Nikhil Kaushik

Nikhil Kaushik (Expert)
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12 November 2014 to start with you may avoid company. at worst, opt for LLP. Company structure is a very restrictive in terms of operations, cash extraction and taxation.

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