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What kind of partnership shall we opt for starting a pre school


05-Jul-2023 (In Corporate Law)
What is the best type of firm for opening a pre-school; viz, partnership, limited liability partnership, limited company, or trust?
Answers (1)

Answer #1
909 votes
Dear sir,
A pre school can be a non for profit or not for profit.
If a school is for profit then a company or Llp ( Llp is cost effective and is advisable)
If it for not for profit then a trust or under section 8 or 25 of companies act
Pin case of any further queries, please feel free to contact the undersigned.
Regards
Pragya Wazir
Advocate

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