Converting a Proprietorship Firm into LLP | Bookmarking Site
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Becoming a corporate; private or public company has turned into the need of the times with globalization. Imagining growth on a large scale is not imaginable for a small organization like a partnership firm.
Corporations have a limited liability to the extent of assets of the company in case of losses; partnership firms carry the risk of attachment of the personal assets of the partners in case of debt and losses.


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