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Difference between llp and private limited company

1 year ago

ID: #899405

Business Description

The partners are the LLP owners and manage the LLP business. A partner in an LLP is a manager and an owner, while in a Pvt Ltd company, the owners, i.e. shareholders, do not have managerial powers. In a Pvt Ltd company, the management is different from the owners. The board of directors manage the company business.

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Tags : finance