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dhruv vashishtha

Hey I am on Medial • 4m

me and my friend are planning to open a startup should we register our company as partnership firm , pvt ltd or what?? which will be good?

6 replies11 likes

Replies (6)

CA Chandan Shahi

Startups | Tax | Acc... • 29d

If you are planning for a Start up, don't ever go for a partnership firm. First choice should be Pvt Ltd., then LLP. Tax rates in Pvt Ltd are lower than LLP.

0 replies

UNIQX LLP

Hey I am on Medial • 4m

PVT LTD CO is a bit tedious and more regulatory process involved, LLP is a easier one and accepted also with the features and benifits of Pvt Ltd.

0 replies

Anonymous 4

Hey I am on Medial • 4m

A PVT LTD is a good choice if you’re looking to scale your startup and need more credibility with investors, choice is yours ultimately.

0 replies

Anonymous 3

Hey I am on Medial • 4m

If you want a hassle-free, "let's see how it goes" vibe, a partnership is good idea, like a casual relationship

0 replies

Anonymous 2

Hey I am on Medial • 4m

Pvt ltd if you want to raise money from investors

0 replies

Anonymous 1

Hey I am on Medial • 4m

Startup by definiition means scale and exponential growth. For that you will need outside help investor money for that you will need a pvt ltd because LLP and OPC and shit mein you can't have investors. So... simple answer I guess if you want to do a startup.

0 replies

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