The most popular form of business in India is the Private Limited Company, governed by the Ministry of Corporate Affairs. Moreover, this structure builds credibility, ensures limited liability, and attracts investors easily. Therefore, entrepreneurs planning to start a venture often prefer Company Registration in Ghaziabad as a Private Limited Company.
A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities
The introduction of the One Person Company concept changed the business landscape for solo entrepreneurs. It allows one person to run and control the company while enjoying limited liability. Furthermore, this model is easy to manage and suits founders who wish to grow gradually. Hence, many new entrepreneurs prefer Company Registration in Ghaziabad as an OPC for smoother operations.
A partnership involves individuals who agree to share business profits and take part in its management. According to Section 4 of the Act, a partnership requires three key elements—an agreement, profit-sharing, and mutual participation. Consequently, this form works well for small and medium businesses seeking joint ownership and shared responsibilities.
Moreover, entrepreneurs can start this form of business quickly with minimal regulatory requirements. It suits individuals entering business for the first time or managing small-scale operations. In addition, it offers complete control, flexibility, and direct access to profits.