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A partnership firm is a business entity formed by an agreement between two or more individuals (partners) to run a business and share profits or losses. Unlike a private limited company, it doesn't have a separate legal identity from its owners.
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A Limited Liability Partnership (LLP) is a business structure that combines features of a traditional partnership and a limited company. Here's a breakdown of key characteristics and benefits of LLPs in India:
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A One Person Company (OPC) is a type of company structure in India designed for entrepreneurs who want to operate a business with limited liability but as a single owner.
A Section 8 company, also known as a Section 8 Company under the Companies Act, 2013, is a type of legal entity registered in India specifically for non-profit purposes. Here's a breakdown of key features and benefits of Section 8 companies:
A private limited company (Pvt Ltd company) is a type of business structure that offers several advantages to entrepreneurs, especially those running small and medium-sized businesses (SMBs).
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