Comparison of Private Limited Company and Limited Liability Partnership (LLP) on the parameters such as Business Formation, Benefits of Business Structure, Business Management, Taxation, Accounts and Audit, Records and Legal Compliances
Company or LLP incorporation process start with applying name for the entity. While selecting name one must look into regulations issued by MCA. Also, need to look into trademark application filed or trademark registered.
Company Name approval and allotment process in India is administered by the Ministry of Corporate Affairs (MCA) as per the Company Name Availability Guidelines issued under Companies Act 2013. ‘Company Name’ is the name by which a registered Comp..
Most suitable Incorporated business structure in India for doing business. It is relatively a new concept for doing business. Like private limited, liability of partners are limited to the agreed contribution.