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Mak (CEO)     05 August 2014

Partnership vs pvt ltd

Hi

What are main benefits of corporating a company as Pvt Ltd vs Partnership?


I do architecture services- where my income is mainly in form of Fees (25lac per annum). I may go into doing construction projects for my client which may increase the volume in terms of in-out transactions. Also I plan to merge with another partnership company down the line in 6-7 months. Once this is done, we may go abroad and setup another office in USA (80 Lacs investment) and invest money in US market.

 

I would like to know should I set myself as PVT Ltd or as a partnership company? 



Learning

 1 Replies

Marimuthu (Proprietor)     06 August 2014

Considering your future plan of overseas investment, it would be better to form a PVT Ltd for your business.Instead of merging the partnership firms, your PVT Ltd co can acquire that parnership firm. Ltd

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