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A clean side-by-side that goes past the textbook comparison to the practical trigger, if you plan to raise equity or need a payment gateway's company-only KYC, this spells out exactly why LLP won't work.
LLP vs Private Limited Company in India: Which Is Best for Your Startup in 2025?
From AidByLaw
- LLPs can't issue equity shares, ruling them out for priced funding rounds
- Pvt Ltd has heavier compliance (ROC filings, audits) but far more credibility with investors and partners
- Conversion from LLP to Pvt Ltd later is possible but adds cost and time
