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  • cy268 replied to the topic Discussion Topic: Inc. vs. LLC in the US in the forum Business 101 7 years, 11 months ago

    Two of the similar type of US corporation structures that can be compared with to Indian corporations are the LLP and C-Corp. The pros of an LLP in India are:
    1. Corporation need not be terminated in the death of a partner
    2. Other partners in the company are protected from the consequences of actions of another partner.
    C-Corps of US can be compared to Private Limited type of corporations in India. One of the pros of Pvt. Ltd. In India is it allows investors to exit the company without being liable for company affairs.