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Any individual can do business.Then what is the necessity for various frameworks like partnership, private limited company etc.,?

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Question added by mukkur srinivasan varadhan , Chartered Accountant , Chartered Accountant in practice
Date Posted: 2014/02/08
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Dasarathi Rath
by Dasarathi Rath , Sr. Accountant , Al Luban Special Investment LLC

Any  Individual do the the business think his mind to open a resturant and he can manage all there is no necesity like frame work...

IF Any individual used his mind to do the business , he never cross the boder like various necessity of frame work  law and rules for documnetation . if he start partnership business and  he must search a partner and the same think in pvt.ltd. company.

 

 

The necessity for various

 

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