Private Limited Company and Limited Liability Partnership are having several business structures administered by 2 different acts called Companies Act 2013 and Limited Liability Partnership Act 2008 individually. Both entities i.e. Pvt Ltd and Limited liability Partnership give many related features needed to run a small to large-sized business, while there are several variations also in some aspects. In this article, we will consider a Difference Between Private Limited and LLP Company from the perspective of an Entrepreneur beginning a new business. What is the meaning of Pvt Ltd Company and LLP Company? A Private Limited Company is a company that is personally held for small businesses. The liability of the members of a Private Limited Company is restricted to the number of shares individually held by them. Shares of Private Limited Company cannot be openly traded. A limited Liability Partnership involves a business where a minimum of two members are need...