Tag Archives: #LegalObligations

Are LLP regulated ?

  Are LLP regulated Are LLP regulated: The regulation of LLPs (Limited Liability Partnerships) can vary depending on the jurisdiction in which they operate. Different countries and regions have their own laws and regulations governing the establishment, operation, and compliance requirements for LLPs. In many jurisdictions, LLPs are subject to specific regulations and requirements. These regulations… Read More »

Q25.137 No dues certificate template: No statutory dues certificate format ?

No dues certificate template Website link  No dues certificate template: A “no statutory dues certificate” is a document that confirms the absence of any outstanding statutory obligations or dues owed by an individual or organization. It serves as a declaration that all required statutory payments, such as taxes, fees, penalties, or other financial liabilities, have… Read More »

No statutory dues certificate?

No statutory dues certificate Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient’s Name] [Recipient’s Designation] [Organization Name] [Organization Address] [City, State, ZIP] Subject: No Statutory Dues Certificate Dear [Recipient’s Name], I, [Your Name], hereby provide this certificate to confirm that [Organization Name] has no outstanding statutory dues as of [Date].… Read More »

Q25.3 Certificate by CA: No Statutory dues Certificate by chartered Accountant ?

Certificate by CA Website link Certificate by CA: Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient’s Name] [Recipient’s Designation] [Organization Name] [Organization Address] [City, State, ZIP] Subject: Certificate of No Statutory Dues Dear [Recipient’s Name], I, [Your Name], a Chartered Accountant (CA) duly registered with [Certifying Authority], hereby provide this… Read More »

Q25.5 Difference between statutory and Mandatory Certificates ?

Statutory and mandatory certificates Website link Statutory and mandatory certificates: Statutory and mandatory certificates are both types of certificates that are required to meet certain legal or regulatory obligations. While there may be some overlap in their requirements, there are distinct differences between the two: Statutory Certificates: 1.Legal Requirement: Statutory certificates are issued to comply… Read More »

Minimum requirements for LLP

Requirements for LLP   The minimum requirements for LLP can vary depending on the jurisdiction in which it is formed. However, I can provide you with a general overview of some common requirements: 1. Name: The LLP must have a unique name that is not already in use by another entity. The name may need… Read More »

Do LLP need legal requirements?

Do LLP need legal requirements    The legal requirements for establishing and operating an LLP can vary depending on the jurisdiction. However, there is a general overview of common legal requirements for an LLP: Formation Documents: To establish an LLP, you typically need to prepare and file certain formation documents with the appropriate government authority… Read More »

Q 9.26 Compliance:why gst registration is important?

  Compliance Website Link Compliance: GST (Goods and Services Tax) registration is important for several reasons: Legal Compliance: GST registration is a legal requirement for businesses that meet the turnover threshold specified by the government. Failing to comply with the GST registration requirements can lead to fines and legal ramifications. Legitimate Business Operations: GST registration… Read More »

Q22.36 Form 15CA CB purpose: Why 15CA/CB is required ?

Form 15CA CB purpose Form 15CA CB purpose Website Link: Form 15CA CB purpose: The Indian government mandates the use of 15CA and 15CB forms for specific financial transactions involving non-residents. Here’s a brief explanation of each form: 1.Form 15CA: This form is used for remittances (money transfers) that are subject to tax deduction at source… Read More »

Q15.37 why ITR filing is important ?

ITR filing is important ITR filing is important Website link ITR filing is important: ITR filing is important for several reasons: Legal Requirement: It is a legal obligation imposed by the Income Tax Act, 1961 for individuals and entities meeting certain income criteria to file their income tax returns. Failure to comply with this requirement… Read More »