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United Kingdom
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A sole proprietorship, also known as the sole trader or proprietorship, is a type of enterprise that is owned and run by one natural person and in which there is no legal distinction between the owner and the business entity. A sole proprietor may use a trading name or business name other than his/her or its legal name. They may have to legally trademark their business name if it differs from their own legal name.
A partnership is an arrangement where parties, known as partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments, or combinations. A partnership may result in issuing and holding equity or may be only governed by a contract.
A Limited Liability Partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit elements of partnerships and corporations. In an LLP, each partner is not responsible or liable for another partner’s misconduct or negligence.
A private limited company is the most popular corporate entity amongst small, medium, and large businesses in India due to various advantages.
Almost 93 percent of the companies incorporated in India are registered as Private Limited Companies.
A company whose securities are traded on a stock exchange and can be purchased and sold by anyone. Public companies are strictly regulated and are required by law to publish their complete and true financial position so that investors can determine the true worth of their stock (shares).