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Anonymous

Hey I am on Medial • 1y

I'm thinking of starting an export buisness. Not sure which type of business should I register with? Partnership/Private Limited/LLP. To be specific, I'm not sure if the importers are looking for a more credible organization like pvt ltd. to do business with. PS: I'm planning to export wide variety of agri products both processed and raw.

5 Replies

Replies (5)

Anonymous 3

Hey I am on Medial • 1y

If you aim to expand your business significantly and potentially enter into joint ventures or partnerships with international firms, a Pvt Ltd company is the way to go. It provides the necessary structure and governance that international partners look for.

1 Reply

Anonymous

Hey I am on Medial • 1y

Private limited is fine but considering all the documentation while registering, auditing etc. should we consider LLP? Since LLP is formed by govt. combining the flexibility of partnership and limited liability of pvt. Ltd. Curious to know how others feel about it.

Anonymous 2
•

Wipro • 1y

Depends what are your future plans but pvt ltd best hai

Anonymous 1

Hey I am on Medial • 1y

or an export business, especially dealing with international clients, credibility is crucial. Importers often prefer dealing with entities that have a formal structure, as it provides a sense of security and reliability. A Private Limited Company (Pvt Ltd) is generally viewed as more credible due to its stringent regulatory requirements and limited liability feature.

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