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(Querist)
12 September 2008 Whether a company is beneficial to form or a partnership firm under the following circumstances.


Unit is to be established in SEZ where 100% exemption is there and unit intends to distribute it`s profits to promoters/partners.

As far as my opinion is concerned,partnership firm is better becoz in company case,dividend distribution tax is applicable.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
12 September 2008 cost wise partnership is advised.
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CA Praveen Chopra

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CA Praveen Chopra (Querist)
12 September 2008 Whether a company is beneficial to form or a partnership firm under the following circumstances.


Unit is to be established in SEZ where 100% exemption is there and unit intends to distribute it`s profits to promoters/partners.

As far as my opinion is concerned,partnership firm is better becoz in company case,dividend distribution tax is applicable.
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Taxguy

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Taxguy (Expert)
15 September 2008 In current scenario firm is the best option.

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