Tag Archives: #LLPvsIndividualOwnership

Are LLPs governed by companies act?

LLPs governed by companies act

LLPs governed by companies act   Limited Liability Partnerships (LLPs) are a popular business structure that combines features of both partnerships and corporations, offering the benefits of limited liability and operational flexibility. In India, LLPs are primarily governed by the Limited Liability Partnership Act, 2008, but they are also subject to certain provisions of the… Read More »

LLP and Sole Proprietorship: Which is better LLP or Sole partnership ?

LLP

LLP and Sole Proprietorship     The transformative decision of selecting between a Limited Liability Partnership and a Sole Proprietorships influenced by an array of factors. It is ranging from your business goals to liability protection, and even management structure. Within this captivating landscape, careful consideration of these elements paves the way for an informed… Read More »