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  2. 5 days ago · A Limited Liability Partnership or LLP is a unique business type that helps an entrepreneur enjoy benefits of both partnership firm and a private limited company. Like, in LLP, partners enjoy limited liability, as I discussed before, this benefit is similar as shareholders in a company, while also benefiting from the flexibility and simplicity ...

  3. 2 days ago · Two popular options are Limited Liability Partnership (LLP) and company. Both structures have their advantages and disadvantages. To choose the right structure, you must first understand the difference between an LLP and a company. This article will help you distinguish between both and make an informed decision.

  4. 5 days ago · A private limited company is a type of company in which the shares are not publicly traded and are owned by a small group of individuals. The shareholders have limited liability, meaning they are not personally liable for the companys debts and liabilities. The maximum number of shareholders is limited, usually to 200.

  5. May 14, 2024 · In India, a private limited company is a privately owned business entity with limited liability. This type of company has a maximum of 200 shareholders. The shares of this company cannot be traded or transferred publicly. One Person Company.

  6. Apr 30, 2024 · A limited company (LC) is a general form of incorporation that limits the amount of liability undertaken by the company's shareholders. It refers to a legal...

  7. May 10, 2024 · Companies Based on Liabilities. Companies can be classified based on their liabilities. It refers to the amount of debt they owe to creditors. The different kinds of companies based on liabilities are: i)Company Limited by Shares. A company limited by shares is the most commonly formed type of company.

  8. May 16, 2024 · Unlimited Company - A company, similar to its limited counterpart, but where the liability of the members or shareholders is not limited. Corporate governance [ edit ] CA 2013 (section 149) mandates that every company shall have a board of directors.

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