Hi All,
Could someone please explain me the difference between proprietary firm, private firm and LLP.
Also, what will be the suitable option for a freelance software developer if he/ she wants to register a company?
Thanks
M (team lead) 05 August 2011
Hi All,
Could someone please explain me the difference between proprietary firm, private firm and LLP.
Also, what will be the suitable option for a freelance software developer if he/ she wants to register a company?
Thanks
akash kapoor (*************) 05 August 2011
There is a huge difference amongst the three. A firm is a partnership firm where the comcept of mutual agency exist and a llp is a kind of incorporation with a little complex structuring. For your purpose a propritory firm will be a better option.