Company

A Company is an independent legal entity, where it has shareholders (individuals) who own the company and directors who run the company. Generally, A Company has limited liability (i.e. Shareholders / Directors’ personal assets are not liable to the business debts). A company is also a very useful tax planning tool for high income earners.

In general, the startup cost of the company is high, along with other expenses to maintain the compliance of the company such as legal, accounting costs, record keeping, etc.