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It’s owned by one single individual, as a sole trade or a proprietorship, and Named after the name of the Owner. The owner may appoint employees and may delegate some of the management rights to them, except in cases of opening bank accounts...
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Ownership:
- The LLP consist of two or more persons, at least one of them shall be a General Partner and the other shall be a Lim...
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Its Consists of two or more persons called “partners” and they shall be considered merchants.
Name: Named after the name of its partners, followed by “Co”. Should be named after a real & current partn...