While there may be some overlap in their requirements, there are distinct differences between the two: Statutory Certificates: 1. Legal Requirement: Statutory certificates issued to comply with specific laws or statutes. These laws can be enact by the government or regulatory authorities and are binding on individuals or entities operating within the jurisdiction.… Read More »
LLP vs Partnership A Limited Liability Partnership and a partnership are both forms of business entities that involve two or more individuals or entities coming together to carry out a business venture. However, there are some key differences between an LLP and a partnership as follow: 1.Liability: In a partnership, the partners have unlimited… Read More »
LLP and Private Limited Company Key differences between an LLP and Private Limited Company (often referred to as Pvt Ltd or Ltd): 1. Legal Structure: An LLP is a partnership where the partners have limited liability, while a Private Limited Company is a separate legal entity distinct from its shareholders. 2. Ownership: In an… Read More »
