What are the Types of Limited Companies?
What are the Types of Limited Companies?
The following are the Types of Limited Companies that can be registered in India
1. Private Limited Company
2. Public Limited Company
3. One Person Company
4. Section 8 Companies - Non Profit Company
limited liability Partnership (LLP) : A hybrid form of partnership, the limited liability Partnership (LLP) in Coimbatore , is gaining in popularity because it allows owners to take advantage of the benefits of both the company Registration in Coimbatore and partnership forms of business. The advantages of this business format are that profits and losses can be passed through to owners without taxation of the business itself while owners are shielded from personal liability http://www.companyregistrationincoimbatore.in.
When making a decision about the type of business to form, there are several criteria you need to evaluate. on the following areas when they chose the business format for their company:
1. Liability.
2. Tax implications.
3. Cost of formation and ongoing administration..
4. Flexibility.
5. Future needs.