Definition
Importation is the process of bringing goods or services into a country from abroad for the purpose of trade or consumption. It involves the purchase or receipt of goods or services produced in another country and their entry into the importing country's territory, often subject to customs clearance procedures and import duties.
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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.