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LLP vs Partnership: Key Comparisons in India by nishusmarty is a document available to read on EtoBox.
What is LLP vs Partnership: Key Comparisons in India about?
The document compares the options of partnership firm, private limited company, and limited liability partnership (LLP) for small and medium scale businesses in India. It finds that while private limited company has an advantage for bank finance, LLP offers benefits like limited liability and perpetual succession. There is currently space for LLPs, but certain amendments could allow more businesses and professionals to utilize the LLP structure.
- Author
- nishusmarty
- Language
- EN