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Incorporation
What is the difference between a LLP incorporation and a company incorporation ?
Replies (5)
LLP means limited liability partnership
both are two different entities governed by two different laws... Companies act and LLP Act
Two are different categories with the same status
i know but i want to know difference like in contribution,members ,partners etc.btw.in a LLP and a company .
@ shilpi Gupta...no limit in contribution ...shud have 2 partner alteast ...can take and give loan easily..no restrictions...whereas in Company there are more restrictions and compliances ...
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