Question

why would you prefer a limited liablity partnership compared to a private limited company?​

Answer 1

Answer:

$\mathfrk{The minimum number of shareholder required for a company is 2 and there can be upto 50 shareholders, in case of a private limited company. ... Both LLP and LLC are incorporated under Registrar of Companies and both the entities protect the partners/ members from the legal risk stemming from the activities of LLP or LLC.}$