[urgent] llp or pvt ltd please suggest?

1)Limited Liability Partnership does have an edge over Private Limited in terms of cost but there are a lot more drawbacks which make LLP expensive in terms of its opportunity cost. Due to stringent compliance and disclosures a company have a higher creditworthiness which makes it more attractive for both the suppliers and the customers. there are no greater tax benefits in income tax act for an LLP than a company. both enjoy benefit of limited Liability. From compliance point of view there are no less formalities in case of LLP. also the company has more goodwill and good image in corporate market then a Limited Liability Partnership. 2)ROC guideline - "Keywords like Industry/ Udyog, Enterprises, Products, Business, manufacturing may be considered when the company proposes to deal in various business activities/ the company is already carrying on various business activities (in case of change of name). " As your business activity is in particular trade said keywords cannot be allow