Trading firm (cloth retail) wants to change its constitution. Which will be better for implementation and taxation LLP or OPC?. Please guide. What are other implications? WHERE IS ease of management?
P.R.KABRA (PROFESSIONAL ACCOUNTANT) (121 Points)
16 February 2016Trading firm (cloth retail) wants to change its constitution. Which will be better for implementation and taxation LLP or OPC?. Please guide. What are other implications? WHERE IS ease of management?
mohammad rasool baig
(Management Consultant)
(1026 Points)
Replied 17 February 2016
In my opinion OPC will be good enough, if the partnership is required then LLP can be considered..
P.R.KABRA
(PROFESSIONAL ACCOUNTANT)
(121 Points)
Replied 18 February 2016
Which is simple for implementation and following statutory provisions?
mohammad rasool baig
(Management Consultant)
(1026 Points)
Replied 19 February 2016
I think One person company when compared with LLP
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