Corporate Law Published & Fact-Checked 27 Aug 2026

What is the difference between a Private Limited Company and an LLP in India?

Verified Legal Answer • Reviewed by Hire Your Vakeel Legal Panel (Updated for 2026 / BNS & BNSS)

A Private Limited Company has share capital, equity funding capability, and strict ROC compliances; an LLP combines limited liability with operational flexibility, lower compliance costs, and no dividend distribution tax.

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