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LLC or limited liability company is a business based on the characteristics of a partnership, a sole proprietorship, and a corporation. The limited liability feature of the company is akin to a corporation, while the flow-through taxation feature is characteristic of a partnership.
- Types of Business Structures in India
- Joint Venture Company
- Conclusion
- Frequently Asked Questions
Each type of business structure has its own legal and financial implications, and choosing the right one can greatly impact the success and growth of a business in India. The types of business structures in India include sole proprietorship, partnership, limited liability partnership, private limited company, public limited company among others. Fi...
Joint Venture (“JV”)under the Companies Act 2013, means a joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement. In other words, a joint venture may be defined as any arrangement whereby two or more parties co-operate in order to run a business or to achieve a commercial ob...
This article provides a brief overview of different legal structures. However, regardless of which business entity you think best suits you, a qualified lawyer is most suitable to address such questions. Nowadays more and more entrepreneurs decide to settle for do-it-yourself legal websites or the ones that incorporate structures in bulk, which are...
1. Which company model allows for unlimited fund infusion?
A public limited company is best for getting as much capital as required.
2. How can one protect personal assets from business losses?
Starting an LLP or a Private Limited Company can limit investors’ liabilities.
3. Which is the most hassle-free business structure?
A sole proprietorship has minimal legal obligations to follow.
Jan 6, 2023 · The limited liability company is one of the simplest forms of starting a business in India in 2024 because it offers limited responsibility to its shareholders and is available for foreign investors who want to have their enterprises in India. How can one start a private limited company in India in 2024?
A limited liability partnership, like a limited company, allows member partners to be held only accountable for their business actions. A limited liability corporation is classified as a legal entity under the Limited Liability Corporation Law. It can buy, own, and sell its property. Nobody else may claim ownership of the partnership’s assets ...
There is, as such, no Limited Liability Company Law in India. What is a Limited Liability Company as per the Limited Liability Company Law? A corporate form known as a limited liability company (LLC) shields its owners from being held personally liable for the obligations of the company.
May 29, 2023 · An LLC provides several advantages, including limited liability protection, ease of formation, and flexibility in management. In this blog post, we will delve into the process of registering an LLC in India in 2023, highlighting the key steps and requirements.
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Oct 17, 2022 · The limited liability company, or the LLC, in India is a business structure that is separate from its founders and where the investors are only liable up to the extent of capital they invest in the business. The company can enter into agreements, can commence legal proceedings and can be sued.
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