Is it better to have 1 owner or 2 owners for an LLC?

[Parpella Kerala]

There are one person companies and private limited companies where 2 or more members are mandatory both of which are legal forms of business.

However, in case of one person companies, there are several restrictions with respect to the share transfer, external investments etc.

A normal private limited company is more flexible in terms of ownership and share transfers.

Anyways whether to go for one person company or private limited company is based on personal preferences.

For Company Registration in Kerala and Business Registration in Kerala, visit https://www.parpella.com