Which Legal Business Structure Should You Choose in India?
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Sole ProprietorshipOne person runs the business, Easy to start, You get all the money ,You also take all the risk , Best for Small shop, online seller
PartnershipTwo or more people work together, Share work and money, Also share risk, Best for friends or family doing business
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Private Limited CompanyA company is a separate legal thing, Can grow big, Needs more rules and documents, Best for Startups and growing teams
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LLP (Limited Liability Partnership) A mix of partnership and company, Safer than normal partnership , Fewer rules than a company, Best for Service-based businesses
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OPC (One Person Company)Only one person, but like a company, Safe for your money, Good for solo business with big plans, Best for One-person businesses
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