Definition
The Institut National de la Propriété Industrielle (INPI) is the French national institute responsible for industrial property rights. It manages patents, trademarks, designs, and models in France. The INPI grants and registers these rights, provides information and advice on intellectual property matters, and helps enforce intellectual property laws.
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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.