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OPC Vs LLP In India

Author: Olive Credson
by Olive Credson
Posted: Oct 18, 2018

If you are looking to run your company without external funding and want to have control over all the operations of the company, LLP Registration in India or OPC will work best.

For your LLP Registration in India please visit to company vakil or click here https://www.companyvakil.com/limited-liability-partnershipMore choices are readily available now with the intro of the Limited Liability Partnership Act and the Business Act, 2013. Offered structures of organisation entity are really unique from one another.

LLP is a separate legal entity having actually limited liability, with minimum 2 partners, show foreign ownership, low compliance, more versatile over OPC.

If you are wondering whether to register an One Individual Business or Limited Liability Partnership, here is a fundamental comparison chart of the LLP and OPC, trustworthy forms of service:

Limited Liability Partnership (LLP).Limited Liability Partnership (LLP) is an innovative form to standard type of regular partnership having benefits of limited liability of partners and continuous succession. For LLP Fprmation it can be registered with the Ministry of Corporate Affairs.If you are questioning whether to register an One Individual Company or Limited Liability Partnership, here is a standard contrast chart of the LLP and OPC, reliable kinds of company:

Someone Company (OPC).

The One Individual Company (OPC) is a hybrid type of service which integrates features of Sole Proprietorship and Company. A single person Business requires just one member who is the sole owner/director of the company as well as being a shareholder. In an OPC the liability is limited to the business and not the members of the company offering the benefit of a Limited Business. Why share the cake when you can own it all.

Limited Liability Partnership Registration in India (LLP).

Limited Liability Partnership (LLP) is an innovative kind to traditional form of regular partnership having benefits of limited liability of partners and continuous succession. For LLP Fprmation it can be signed up with the Ministry of Corporate Affairs.If you are questioning whether to register an One Individual Company or Limited Liability Partnership, here is a standard contrast chart of the LLP and OPC, reliable kinds of company:

Someone Company (OPC).

The One Individual Company (OPC) is a hybrid type of service which integrates features of Sole Proprietorship and Company. A single person Business requires just one member who is the sole owner/director of the company as well as being a shareholder. In an OPC the liability is limited to the business and not the members of the company offering the benefit of a Limited Business. Why share the cake when you can own it all.

Limited Liability Partnership Registration in India (LLP).

Limited Liability Partnership (LLP) is an innovative kind to traditional form of regular partnership having benefits of limited liability of partners and continuous succession. For LLP Fprmation it can be signed up with the Ministry of Corporate Affairs.

Learn more about LLP formation in India at company vakil or click here https://www.companyvakil.com/blog/

About the Author

Https://www.companyvakil.com/trademark-registration Company Vakil is India`s Largest one-stop tech legal registration platform aimed at making legal.

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Author: Olive Credson

Olive Credson

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Member since: Aug 14, 2018
Total live articles: 17

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