Registration of a sport academy

A B Kundu (Professional) (1417 Points)

19 August 2017  

Hi,

A person wants to register and start a table tennis sport academy. The academy will be providing the TT coaching as well as other facilities like Gym, Meditation, Physical training etc and for all these specialised people will be appointed.

Now, I would like to know whether this sport academy should be registered as a Private Ltd. Company or a Partnership Firm or a Society or a Trust or in any other form?? In which form it will be more benefitted from the tax angle or any other compliance angle?