#How to make the right choice?
A) #Proprietary #company (#Proprietorship)
1_Can be founded #alone
2_Less #paperwork, simpler #process
3_#High #risk, due to the personal and business
4_#Financial responsibility of only one person
B) #Partnership #company
1_Operated #jointly by two or more people
2_Responsibilities are defined by #agreement
3_Profits and losses are #shared between the #partners
C) #LLP (Limited Liability Partnership)
1_Similar to a partnership, but with #limited liability
2_Partners’ personal #property is not at risk
3_#Compliance with rules and regulations a little more than Partnership Firm
D) #Limited liability company (#Pvt Ltd Company)
1_#Independent legal entity, own founder
2_A safe option for #investors
3_Many regulations and taxes, but high #brand value
E) #One-#person #company (#OPC)
1_Can be founded as an #individual, but is registered as a company
2_Liability is limited, financing is #simple
Which #company should I choose? Firm
#Small #business – Proprietorship/ Partnership
#Single #owner with #safety – OPC
