u/Automatic-Jaguar-814

Incorporated private limited company recently and now regret the cost of compliance

I have recently incorporated a private limited company but going further I see crazy Compliance list and the cost of the compliance are too high for me. Is Closure of the private limited will be a good idea ?

Also I am unsure about the possibility of consistent operation of my Digital business and profitability. Hence I don't to spend 20k-30k annual fees on Audit and ROC filings.

Is closing the private limited firm and switching to LLP will be a good idea ?

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u/Automatic-Jaguar-814 — 15 days ago