Different types of Company registrations in India
In India, several company registrations are available for entrepreneurs and businesses. Here are the different types of company registrations in India: Sole Proprietorship: A sole proprietorship is a business structure where a single person owns and runs the business. There is no legal distinction between the owner and the business; the owner has unlimited liability for the business's debts. Partnership: A partnership is a business structure where two or more individuals come together to run a business. The partners share the profits and losses of the business and have unlimited liability for the business's debts. Limited Liability Partnership (LLP): An LLP is a business structure that combines the benefits of a partnership and a limited liability company. The partners have limited liability for the business's debts, and the business is taxed as a partnership. Private Limited Company (PLC): A PLC is a privately held business structure where the liability of the shareholde...
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