Tag Archives: #LLPTaxationInsights

How does LLP work in India?

How LLP can save tax

  How does LLP work in India:   This act provides a framework for the establishment, operation, and dissolution of LLPs in the country. Here’s a unique overview of how LLP work in India : Formation: To form an LLP in India, you need at least two partners who can be individuals or corporate entities.… Read More »

How LLP is taxed ?

LLP registration

How LLP is taxed       LLPs (Limited Liability Partnerships) are generally taxed as pass-through entities, meaning that the LLP itself does not pay taxes on its profits. “”Contrary to that, the LLP’s profits and losses pass through’ to the individual partners, who disclose them on their personal tax returns, creating a unique financial… Read More »