CAPS BS 11 TERM 1 WEEK 6 – 7 Benefit of a Company Over Other Forms of Ownership

TOPIC – Benefit of a company over other forms of ownership

The benefits and challenges of establishing a company versus other  forms of ownership (including taxation issues)
• Recap the characteristics, advantages and disadvantages of the  forms of ownership
• The benefits and challenges of establishing a company versus  other forms of ownership i.e. sole trader, partnership, Close Corporation, co-operatives, (including taxation issues)
• Formation of companies
— The company’s charter – Memorandum of Incorporation
— Name of the company – incorporation and commencement of the company
— Prospectus