Numbered company: Incorporating a numbered company does not require name pre-approval/Nuans report. Hence, the incorporation process is faster and cost-effective.
Named Company: Incorporating a named company requires a name pre-approval/Nuans report. It allows branding and marketing strategies tied to the company name. It provides protection for your corporate name up to a level.
Numbered Company with Trade Name: This could be the ideal choice. The incorporation process becomes fast like a numbered company, yet it allows branding and marketing strategies like company named company. Most famous brands s (e.g. Walmart, McDonalds) developed a numbered company and added a trade name with it.