A company may pay a sitting fee to a director for attending meetings of board or committee thereof.
Deductions of company formation expenses (Preliminary Expenses) can be claimed and taxes can be saved
Deductions of Rent expense if property/office is on rent can be claimed as “Expenditure” in the hands of company and is exempt in the hands of individual under prescribed limit.
Salary expenditure of a Family Member deductible in the hands of company and exempt in the hands of individual under prescribed limit i.e. Dual savvy of tax