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Showing posts with the label INCORPORATION OF COMPANY WITH SUITABLE BUSINESS STRUCTURE
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 INCORPORATION OF COMPANY WITH SUITABLE BUSINESS STRUCTURE A Company Secretary plays a crucial role in advising business owners on the most suitable type of company incorporation, taking into account the business proposal, directors' eligibility, and other relevant factors. Types of Company Incorporation: 1. *Public Limited Company (PLC)* : Suitable for large-scale businesses, PLCs offer shares to the public and are listed on a stock exchange. 2. *Private Limited Company (Ltd)* : Ideal for small to medium-sized businesses, Pvt Ltd companies have limited liability and are not listed on a stock exchange. 3. *One Person Company (OPC)*: Suitable for solo entrepreneurs, OPCs have limited liability and are easy to incorporate. 4. *Limited Liability Partnership (LLP)*: Ideal for partnerships, LLPs offer limited liability and flexibility in management. Factors Influencing Company Incorporation: 1. *Business Proposal*: Nature of business, scalability, and growth prospects. 2. *Di...