Hi I want to incorporate a enterprise. Basic purpose of creation is to give loan to a public company of Rs 75 lakh & later on become their shareholder. Shall I open Pvt lmt or LLP??
If I open Pvt Ltd & show share capital of Rs 75 lakh or more, than I need to pay higher amount of stamp duty. Please suggest sny other option through which I can introduce money in Pvt limited without paying any extra amount.
If I go with LLP in this case, do I need still need to pay stamp duty on capital?
CAclubindia
