It is crucial to comply with the legalities when starting a business to ensure smooth operations. In order to conduct legal business, you must register your company. A company registration process must be completed by all business owners according to the rules and regulations of the Companies Act. The Companies Act 2013 specifies the types…
Tag: Limited Liability Partnership
The Benefits of Choosing a Limited Liability Partnership over a Partnership Firm
In LLPs and Partnership Firms, two or more people come together to form one business entity. Furthermore, these firms’ profits and losses are shared by their participants according to their agreements. What is LLP (Limited Liability Partnership)? The liability of the partners in a Limited Liability Partnership (LLP) is limited to some or all of…