Thinking of starting a business that connects multiple online stores? What’s the best legal structure for my company in India: LLP, OPC, Pvt. Ltd. Co.?

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Law Forum › Category: Corporate › Thinking of starting a business that connects multiple online stores? What’s the best legal structure for my company in India: LLP, OPC, Pvt. Ltd. Co.?
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Apni Law Staff asked 7 months ago

Thinking of starting a business that connects multiple online stores? What’s the best legal structure for my company in India: LLP, OPC, Pvt. Ltd. Co.?

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Apni Law Staff answered 7 months ago

An LLP is generally recommended for online marketplaces in India due to its flexible structure and limited liability. It allows for multiple partners with separate legal identities, making it ideal for managing multiple online stores. However, the best choice depends on specific business needs, including funding requirements and desired ownership structure, so consulting a lawyer is advisable.

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