Company Registration

When starting a new company, it is required to chose a business structure of your business first There are three main types of business structures: self-employment or partnership companies, Corporation and non-profit organizations.

Company Registration

Sole-Proprietorship and Partnership

A sole-proprietorship is a company wholly-owned by an entrepreneur who basically runs his business in his own name.

Partnership is a joint venture between two or more business owners.

Know More>>

Corporation

  • Corporation is a distinct legal entity that divides claims and debts of the company from the personal property of the company’s shareholders. Shareholders can enter into contracts and agreements, access their business rights and responsibilities under the name of their company, and their personal assets are legally protected from being ceased in the event the business fails.
  • Corporation may be registered jointly by one shareholder or multiple shareholders for profit-making purposes, operating together and distributing the profits in accordance with the shareholders’ agreement.

Know More>>

Non-profit Organizations

A not-for-profit organization is a legal entity that exists independently of its members and is created with an intent to support charitable, religious, educational, sport or patriotic objectives.

Non-profit organization is a limited company, and the main difference between corporate company and that of a non-profit organization is that non-profit organisation doesn’t earn profits, nor it issues any shares or dividends to its owners and its proceeds are only used for the advancements of its objectives and to cover the operational costs associated with running such company.

Know More>>