Important Key Points to Know About LLP Registration in India

Important Key Points to Know About LLP Registration in India Registering a Limited Liability Partnership (LLP) in India is an attractive option for entrepreneurs and business owners seeking partnership flexibility and corporate benefits. Understanding the crucial aspects of LLP registration, from partners'…

New Compliance for LLPs Significant Beneficial Owner

New Compliance for LLPs Significant Beneficial Owner The Ministry of Corporate Affairs, through Notification No. G.S.R...(E), dated 09.11.2023, has introduced the Limited Liability Partnership (Significant Beneficial Owners) Rules, 2023. These rules come into effect from the date of their publication…

Conversion of OPC to LLP: A Step-by-Step Guide

Conversion of OPC to LLP: A Step-by-Step Guide The popularity of Limited Liability Partnerships (LLPs) has grown significantly due to their advantageous business model, providing numerous long-term benefits. This innovative structure merges features from partnerships and corporate entities, enabling business…

A Comprehensive Guide to LLP Name Change

A Comprehensive Guide to LLP Name Change The name of a business is a crucial part of Limited Liability Partnership (LLP) registration. It represents the face of the company and appears everywhere, like on documents, letterheads, pamphlets, banners, and more.…

LLP Annual Return – Form-11

LLP Annual Return - Form-11 Limited Liability Partnership (LLP) is a popular business structure in India that combines the benefits of a partnership and a company. It provides partners with limited liability while allowing them to participate in business management…

LLP (Amendment) Rules, 2023 – Revised LLP Form No.3

LLP (Amendment) Rules, 2023 – Revised LLP Form No.3 The Ministry of Corporate Affairs (MCA) has issued the Limited Liability Partnership (Amendment) Rules, 2023, through a notification dated June 2, 2023. These rules amend the existing Limited Liability Partnership Rules,…

What are LLP and its advantages and disadvantages?

What are LLP and its advantages and disadvantages? Limited Liability Partnership (LLP) is a famous business structure that provides the benefits of a traditional partnership and limited liability protection. The present article briefs the advantages and disadvantages of an LLP.…

What is the Difference Between Partnership & Limited Liability Partnership Firm?

What is the Difference Between Partnership & Limited Liability Partnership Firm? Partnership and Limited Liability Partnership (LLP) are two different types of business structures with some distinct differences. Understanding the difference between Partnership & LLP is crucial for entrepreneurs looking…

How much does an LLP cost in India?

How much does an LLP cost in India? Limited Liability Partnership (LLP) is an alternative business structure in India, especially for small and medium-sized enterprises. The LLP form of business provides the benefits of limited liability to its partners, meaning…

Is GST required for LLP?

Is GST required for LLP? In India, a Limited Liability Partnership (LLP) is a popular form of business model that combines the advantages of a partnership and a limited liability company. One common question that arises among LLP owners is…