Definition
Cross-border trade refers to the exchange of goods, services, or capital between individuals, businesses, or countries located in different geographical regions. It involves importing and exporting goods across international borders and may encompass various trade activities, such as buying, selling, investing, and financing, conducted across national boundaries.
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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.