LLP vs Pvt Ltd Co? Which Entity is best for a new business or start-up
New Business के लिए क्या है best LLP or Pvt. Ltd. ???
Which
Entity is best for a new business or start-up? LLP vs Pvt Ltd. Co.
00:03 Second
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Let s understand proprietorship , Partnership, LLP, Pvt. Ltd Co.
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00:32 Second
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Proprietorship firm is easy to register and operate and requires
less compliances
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1:28 Second
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LLP is governed by LLP act 2008
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2:30 Second
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Present below Table
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comparison between llp (Limited Lability Partnership
) and pvt ltd company ( Private Limited Company)
vs Partnership Firm
Comparison of
Partnership, LLP & Pvt Ltd. Co.
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Basis
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Partnership Firm
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LLP
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Pvt. Limited Co.
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Liability of Partners
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Unlimited Liability
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Limited Liability
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Limited Liability
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Joint Liability
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Jointly Liable
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Only up to capital
Contribution
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Only up to capital
Contribution
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Compliance and Legal
requirement
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Minimum Requirement
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Medium Requirement
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High Compliance
Requirement
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Governing Document
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Partnership Deed
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LLP Agreement
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MOA, AOA, Shareholding
agreement
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Management &
ownership
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No Difference
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No Difference
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Separation of Management
and Ownership
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Name Security
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No security
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Name is secured &
Unique
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Name is secured &
Unique
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Fund Raising from VC
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Very Less Possibility
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Very Less Possibility
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Better Chances
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How to register Pvt ltd registration in
india
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