Post by: Renu Suresh in Limited Liability Partnership (LLP)
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…
Post by: Renu Suresh in Limited Liability Partnership (LLP)
What is the Main Purpose of a Limited Partnership? A limited partnership is a legal business structure that allows two or more individuals to form a business together. The main purpose of a limited partnership is to provide limited liability…
Post by: Shubham atkari in Private Limited Company
Section 8 Company Registration A company is referred to as a "Section 8" company when it is registered as a non-profit organization (NPO), i.e., when it has the motive of promoting arts, commerce, education, charity, protection of the environment, sports, science,…
Post by: poonamgandhi in Company Legal MCA News
Limited Liability Partnership (Amendment) Act, 2021 Recently, on 13th August 2021, the President approved the Limited Liability Partnership (Amendment) Bill, 2021. Accordingly, post receipt of the assent, the same became the Limited Liability Partnership (Amendment) Act, 2021. The key points…
Post by: Chris John in Partnership Firm
Rights and Duties of Partners in a Partnership Firm The mutual relations between the partners of a firm comes into existence through an agreement between the said partners. This gives rise to mutual right and duties to every partner involved…
Post by: IndiaFilings in Compliance Income Tax
LLP Tax Filing - Income Tax Rate & 2017 Deadline LLP or Limited Liability Partnership is a corporate entity formed under the Limited Liability Partnership Act, 2008. LLPs have a separate legal identity from that of its partner like a…
Post by: IndiaFilings in Business Startup
LLP Formation Procedure Limited Liability Partnership (LLP) is a newly introduced corporate entity type in India aimed at small and medium-sized businesses. An LLP provides many of the benefits of a Private Limited Company while being easier to maintain compliance.…