Tag Archives: #OwnershipLegalities

How LLP is better than partnership ?

LLP Outperforms Companies

How LLP is better than partnership   Limited Liability Partnerships (LLPs) provide numerous advantages over traditional partnerships, making them a preferred choice for many businesses. Here are some reasons which explain why an LLP is better than partnership:  1. Limited Liability: One of the significant advantages of an LLP is that it provides limited liability… Read More »

Can a private limited company be a proprietor of a firm?

Pvt ltd company be a proprietor of a firm

Can a private limited company be a proprietor of a firm No, a private limited company cannot be a proprietor of a firm. In legal terms, a proprietor refers to an individual who owns and operates a business as a sole proprietorship. A sole proprietorship is a business structure where the owner has complete control… Read More »