https://www.taxtmi.com/article/detailed?id=17033 Business-structure selection should reflect the nature of the enterprise, liability exposure, capital requirements, taxation, compliance capacity, continuity and long-term growth plans. Sole proprietorships and partnerships offer simplicity and flexibility but involve unlimited liability and lack separate legal personality. LLPs, OPCs and companies provide separate legal identity, limited liability and perpetual succession, subject to differing compliance obligations. Private limited companies are suited to growth-oriented businesses seeking institutional funding, whereas public limited companies may support eligible access to public capital markets but require extensive disclosure and governance compliance. en-us Mon, 27 Jul 2026 08:28:52 +0530 Mon, 27 Jul 2026 08:28:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17033 Business-structure selection should reflect the nature of the enterprise, liability exposure, capital requirements, taxation, compliance capacity, continuity and long-term growth plans. Sole proprietorships and partnerships offer simplicity and flexibility but involve unlimited liability and lack separate legal personality. LLPs, OPCs and companies provide separate legal identity, limited liability and perpetual succession, subject to differing compliance obligations. Private limited companies are suited to growth-oriented businesses seeking institutional funding, whereas public limited companies may support eligible access to public capital markets but require extensive disclosure and governance compliance. Articles Other Topics Mon, 27 Jul 2026 08:28:52 +0530 https://www.taxtmi.com/article/detailed?id=17033