Tag Archives: #SeparateLegalEntity

LLP and Private Limited Company Difference

LLP and Private Limited Company

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 »

Can a private limited company be a partnership?

Private limited company be a partnership

Can a Private Limited Company be a Partnership When considering business structures, it’s important to understand the differences between a Private Limited Company and a partnership. These two forms of business organization are fundamentally different, serving distinct purposes and providing various legal and financial implications.   Understanding the Structures A Private Limited Company is a… Read More »