The default option for start-ups and growing buisenesses as only private limited companies can raise venture capital. This type of company offers limited liability for its shareholders with certain restrictions placed on the ownership. Private limited company registration, directors may be different from shareholders.
LLP was introduced to provide a from of buiseness that is easy to maintain and to help owners by providing them with limited liability. Limited Liability Parternship Registration combines the benefits of a parternship with that of a limited company.
The best structure for solo enterpreneurs looking beyond the opportunities a sole proprietorship affords. Here , a single promoter gains full authority over the company, restricting his/her liability towards their contributions to the enterprise. The said person will be the sole shareholders and director.
A buiseness structure in which two or more individuals manage a buiseness per the term in Parternship Deed. It's best suitable for home buiseness that are unlikely to take any dept due to low cost , ease of setting up and minimal compliance requirements.