Back

will someone tell me if a LLP account can have a co founder and take external investment.

Anonymous

Anonymous 1

Hey I am on Medialย โ€ขย 4m

Yes, an LLP (Limited Liability Partnership) can have a co-founder. The partners in an LLP are essentially co-founders. However, bringing in external investment can be tricky because LLPs don't issue shares like a private limited company. Investors prefer equity over profit-sharing agreements.

0 replies

More like this

Recommendations from Medial

Image Description

Tarun Suthar

ย โ€ขย 

The Institute of Chartered Accountants of Indiaย โ€ขย 4m

Why LLP is the Best Way to Launch a Startup? ๐Ÿš€๐Ÿš€ Starting a business is an exciting yet challenging journey. Choosing the right legal structure is crucial, as it impacts taxation, liability, compliance, and growth. Among various options, a Limited

See More
2 replies4 likes
2
Image Description
Image Description

Tarun Suthar

ย โ€ขย 

The Institute of Chartered Accountants of Indiaย โ€ขย 3m

Why LLP is the Best Way to Launch a Startup? ๐Ÿš€๐Ÿš€ Starting a business is an exciting yet challenging journey. Choosing the right legal structure is crucial, as it impacts taxation, liability, compliance, and growth. Among various options, a Limited

See More
2 replies8 likes
1
Image Description
Image Description

Dr Harshavardhan Patwal

Periodontist , impla...ย โ€ขย 4m

will someone tell me if a LLP account can have a co founder and take external investment.

3 replies2 likes
Image Description
Image Description

Rohan Kute

Want relief from gut...ย โ€ขย 1m

If you ever wonder to start a company, you should have to know this. There are three types of companies: 1) Private Limited Company Eligibility: Minimum 2 directors and 2 shareholders (at least 1 Indian resident). Pros: Limited liability protecti

See More
5 replies11 likes
2
Image Description
Image Description

Pranjal Pandey

ย โ€ขย 

CompSciย โ€ขย 1y

Starting a startup in India involves several legal considerations. Here's a detailed point-wise list of the general legal processes : 1. Choose a Business Structure : Decide on the legal structure of your startup, such as Sole Proprietorship, Partne

See More
6 replies10 likes
3
Image Description
Image Description

Kanishk Manchanda

Hey I am on Medialย โ€ขย 2m

Iโ€™m working on my startup idea and planning to raise funding from government entities like Startup India, Startup UP, or MeitY Startup Hub. To participate, I need to register my company. Should I go with a partnership firm or a private limited compan

See More
7 replies5 likes
1
Anonymous
Image Description
Image Description

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 bus

See More
5 replies9 likes

Saksham

Legal Advisor!ย โ€ขย 10m

Part 3 of the series where I share the list of agreements you'd require for your startup. Today's industry: Manufacturing Industry List of agreements: 1. Manufacturing Agreement 2. Vendor/Supplier Agreement 3. Quality Assurance Agreement 4. Supply

See More
0 replies6 likes
2
Image Description

Pavan L Maragi

ย โ€ขย 

Southcore Technologiesย โ€ขย 4m

Hi there Greetings from SOUTHCORE TECHNOLOGIES LLP we are looking for a co-founder for an e-commerce platform which is dedicated to only smartphones, DM me if anyone is interested.

2 replies6 likes

CA Chandan Shahi

Startups | Tax | Acc...ย โ€ขย 2m

Why should a startup opt for a Private Limited Company only? 1. Easy Fundraising from Investors Investors & VCs prefer Pvt Ltd because they can get equity (shares) in exchange for investment. Proprietorships and LLPs cannot issue shares, making fun

See More
0 replies4 likes
2

Download the medial app to read full posts, comements and news.