How to select a business structure while applying for company registration in India?
Let’s take a look at some vital questions every entrepreneur must ask himself before he/she finally chooses upon a business structure. How many owners/partners, will your industry have? If you are a single person who owns the entire initial asset required for the business, a Single Person Company would be ideal for you. On the other hand, if your business has two or more owners and is aggressively seeking investment from other parties a Limited Liability Partnership (LLP) or Private Limited Company would suit you best. Should your basic investment determine your choice of business structure? Yes if you need to pass less initially, it would be wise to go in for a Sole Proprietor, or a HUF or a Partnership. But, if you are definite that you will be able to recover the setup and compliance costs, you can opt for a One Person Company, LLP or a Private Limited Company Company Registration and Formation Services in India Willingness to bear the entire liability o