LLP, Partnership, or Private Limited? #shorts

Nikhil Kamath - Co-founder of Zerodha, True Beacon and Gruhas

Follow Nikhil here:-

#nikhilkamath #WTFiswithNikhilKamath #venturecapital

[businessswot]

In every case CA is eating monthly maintenance charges 😂😂

[mmmmm]

Drone company in india should always be partnership.. with the legend drone Pratap 😅

[divyagothi]

@nikhil kamath Be pvt ltd or LLp you can raise additional capital there is no need to be just pvt ltd. Ownership still vest in llp as well. Instead LLP is simple than pvt ltd, you escape all the corporate compliances and easily manage your business

[riddhishakya]

I had a pvt ltf for my company AdsGroo but balf if our profits was taken into taxes then we chnages to proprietorship and now I have multiple ways to pay 0 in taxes legally.

[areebkhan]

Nikhil sir, really really love you sir 🎉🎉🎉🎉🎉 best content from the mouth of a billionires

[BasKarMalhotra]

Nikhil Bhai That’s the insight which is available online bhai..thats the wrong catch..I gotch you 😅😅..BTW good job with your podcast bhai..loved it completely as compare to anyone..the real learning I get from your podcast only in india podcast I am talking about..

[heisen-burger]

BAHOT GYAAN-BHARI BAATEIN going on.. will definitely watch..

[Dharmasarvashreshtha]

Go for section 8 2013. Register your company as NPO and open sub companies under that

[mypfmgr]

Ageing Global population could be the next opportunity. Will be interested to join your team if Nikhil / Nitin have plans to take this forward

[tejeshsinha]

It might be best to have company registered under the Companies Act for raising funds but LLP and Partnership can also raise funding.

[iamdhanush.s]

In private limited, you can take decisions on your own but in partnership, I guess you should have mutual decision which sometimes don't work.

Correct me, if I'm wrong.

[SantanuProductions]

In any business, if you make >10L/year you pay 30% Income tax + cess. You also pay ~18% GST on your own products or service.
So total 48% tax.

With the remaining 52% whatever you purchase for office or home, you again pay a 5-28% GST (say avg 10%). So you pay approximately 58% as tax to the government for anything you do. This money is used to build our infrastructure.

The beggar on the strreet and those who do dont pay taxes, save this money and still enjoy this money. The govt does not help those who pay tax. Instead they are often subjected to tax notices.

[Behappy-wnrk]

You need approval from Drone pratap which is not that easy

[dailydrawluck]

Very wrong...a LLP can be converted to Pvt Ltd...ask your CA...not some random people saying anything...

[gauravagarwal]

How can someone from a non wealthy background start a drone company without external capital?

[cldude]

LLP owned by a trust and the beneficiary is the true owners of the LLP company. 😉

[JatinNarwani-kv]

sir your are saying that u can raise capital in a pvt ltd company how is it possible as they cant sell their shares to the public

[pantomath]

It didn't matter today henry is a legend

[sahilmishra]

Pvt. Company public ke pas se funding nhi le sakti, kya ye sahi he ?

[TejasKapasi]

Pvt ltd tax is 25.17% whereas partnership tax is 30%