IN this Course you will learn which entity to choose to set up your business in India. While starting your own business, you should have a vehicle to carry out the business. And in India there are several entities (Vehicles) to carry out a business. The types of Entities are Sole Proprietorship, Partnership, Limited Liability Partnership, One Person Company, Private Limited Company. Before Choosing one among the above, an entrepreneur needs to understand the differences, uniqueness and the respective advantages and disadvantages of each type of entity. The Objective of this course is to help you with just that. This Course will help you choose your suitable business vehicle, based on the number of owners, amount of capital, the amount of risk you are willing to take, based on your capital contribution etc.

The Course also talks about the legal requirements for each entity including the registrations required, the outlines of its processes etc.

The Initial Introduction of Nature of Entity talks about the basic difference between Limited liability entities and Unlimited liability entities. The power of limited liability bestowed upon entities by the Ministry of Corporate Affairs and the rules and regulations the Ministry of Corporates affairs warrants from each entity for the power of Limited Liability it gives.