Question
Consider the four primary forms of companies that are commonly used by foreign investors: Private limited company Public company Company limited by guarantee Unlimited company
Consider the four primary forms of companies that are commonly used by foreign investors:
Private limited company
Public company
Company limited by guarantee
Unlimited company
What Makes for a Good Company Business Form
Each of the four above-listed business forms has advantages and disadvantages. There are even other possible forms for which to organize a business in Zambia. There is a myriad of taxation, ease of operation and organization, and liability concerns that impact business format selection.
Put yourself into the role of an entrepreneur who wants to start a new business in Zambia. What kind of business would you start and what type of business organization would you use and why? If you select one of the four forms listed above please describe why you picked the one you did and why you think it is a better option than the other forms listed above? If you pick a completely different business format please do the same, describe the business format of the form you have chosen and explain why it is better for the type of business you want to start than the forms listed above.
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