Corporation A corporation is by far the most complex form of business entity which exists. It requires several forms for the purpose of filing and getting licenses and also need several approvals before it starts functioning. Corporation also have complex tax structure and need to pay dividend tax as well before distributing the profits among […]

What is a “Sole Proprietorship”? It is a simple type of business structure that is owned and operated by the same person and thus does not involve the complications of the complex filing requirements associated with other types of business structures such as corporations. In sole proprietorship the income and expenses of the business is reported […]