Definition
E-commerce, short for electronic commerce, refers to the buying and selling of goods or services over the internet or other electronic networks. It encompasses online retail, digital marketplaces, electronic payments, and other transactions conducted electronically. E-commerce has become increasingly popular for both businesses and consumers, offering convenience, accessibility, and global reach.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.