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The Most Popular Form Of Business Registration since Independence And Prior To Is Carrying Business In form Of Ownership/Proprietorship. Though The Entire Family Is Support To The Head Of The Business Used In The Hand Of The Proprietorship And Filing Of Income Tax Too Himself as a proprietor. During Further Ideology Of Collective Growth And Huge Capital Requirement In Prospective Business paved way to form and Carry business also In Form Of Partnership Business And Still Continued By Most Of The Business. Further Development In India’s Business And Government Initiative To Have Business Across The Globe i.e Globalization And Its Initiative To Open India’s Market To Global Presence Is Another Reason Pave The Way For Formation Of Corporate Form Of Business Incorporation i.e Private Limited company, Public Limited Company, LLp Company . Corporations Across The Globe Are Preferred To Tie Or Mend With Compliance Structured Form Of Businesses. This is another reason To Form/register Compliance Structured Form Of Business registration By Many Of the Business Men. Now Prospective Business Planners Are Mostly interesting To Have Their Form Of Business As Private Limited Company . Its All Because Less Compliance Compare With Public Limited Company Type Of Formations.