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.…

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…

Who are eligible for LLP?

Who are eligible for LLP? Limited Liability Partnership (LLP) is an alternative business structure in India that offers the advantages of both a partnership organisation and a private limited corporation. The Limited Liability Partnership Act of 2008 governs LLPs, which…

2022 LLP Registration Process – Filing of LLP FiLLiP Form

2022 LLP Registration Process – Filing of LLP FiLLiP Form The Ministry of Corporate Affairs (MCA) has recently introduced the Limited Liability Partnership (Second Amendment) Rules, 2022. With this amendment, MCA has notified that LLP incorporation has become web-based like…