Tag Archives: #OwnershipLegalities

How LLP is better than partnership ?

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?

Can a Private Limited Company Be a Proprietor of a Firm?   In the world of business, understanding the structure and legalities of different entities is crucial. One common question that arises is, “Can a Private Limited Company be a proprietor of a firm?” To answer this, we first need to clarify the distinctions between… Read More »