WHICH OPTION SELECT FOR REGISTRATION OF FIRM

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I AM START NEW BUSINESS(MARBLE GENGSA)  AND I WANT TO REGISTERATION OF FIRM BUT WHICH OPTION PREFER FOR REGISTRATION 1. PROPRIETORSHIP CONCERN OR 2. COMPANY  WHICH IS "MORE BENIFICIAL"  AND "LESS EXPENSIVE" FOR ME? AND I AM ALSO WANT TO BENIFITS OF PREFERABLE OPTION.

SO PLZ SUGGEST ME.

Replies (1)

both are having its own advantages and disadvantages as a compnay u can limit u r liability however as for tax concern the flat rate of  30 % will applly

more formalites to get company registered

go for the propritorship concerns  right now and check is more beneficially to go for pvt afterwards as business expands


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