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Gautam Ambani
Money Magnet • 1y
If you're planning to rise a fund then, Pvt Ltd is required. Sole proprietorship firm means you own 100% and you can't transfer or give some stack to someone else. You've to give 100% if you want to transfer the company else won't work. You can create a OPC, and if you plan to rise funds, then you can convert OPC into Pvt Ltd. But, I'd suggest that from the start, do register a Pvt Ltd, so that you don't have to mess with the regulations later.
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