Introduction A Limited Liability Partnership (LLP) is a popular business structure that offers flexibility and limited liability to its partners. Over time, an LLP may undergo changes in its structure due to the admission, resignation, or change in roles of partners. This process is called the reconstitution of an LLP. The reconstitution process… Read More »
Establishing an LLP in India Introduction A Limited Liability Partnership (LLP) is a popular business structure in India, combining the benefits of a partnership with limited liability protection. Governed by the Limited Liability Partnership Act, 2008, LLPs provide flexibility, tax benefits, and ease of operation. This article provides a step-by-step guide to establishing and… Read More »
Self registration LLP Introduction Can I register an LLP by myself:-A Limited Liability Partnership (LLP) is a popular business structure that offers the flexibility of a partnership while providing limited liability protection to its partners. Many entrepreneurs wonder whether they can register an LLP by themselves without professional assistance. The answer is yes! With… Read More »
What are the Compliances That Should Be Done Just After Submitting an LLP Agreement? Introduction Starting a business as a Limited Liability Partnership (LLP) is an attractive option for many entrepreneurs due to its flexible structure and limited liability protection. After successfully registering an LLP and submitting the LLP agreement, ensuring compliance with legal… Read More »
LLP compliance requirements in India Introduction A Limited Liability Partnership (LLP) in India is a hybrid business structure that combines the advantages of a partnership and a private limited company. While LLPs offer operational flexibility and limited liability protection, they are subject to various statutory compliance requirements. This article outlines the step-by-step compliance process for… Read More »