Limited Liability Partnership

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The Knowledge Corner
Startups Choose LLP to Start Business
Shivani Jain
| Updated: Nov 27, 2020 | Category: Limited Liability Partnership

Why Startups Choose LLP to Start Business in India?

Startups are entrepreneurial undertakings, projects, or enterprises that are normally young in age and growing in nature. Also, embryonic entrepreneurs tend to be ambitious in approach as they want to...

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Extension of Due Date LLP Settlement
Shivani Jain
| Updated: Nov 11, 2020 | Category: Limited Liability Partnership, News

MCA Extends the Due Date under LLP Settlement Scheme 2020

All the LLPs (Limited Liability Partnerships) registered under the provisions of the Limited Liability Act 2008, need to file two statutory forms, i.e., Form 11 and Form 8on an annual basis. Further, an...

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LLP Firm
Shivani Jain
| Updated: Sep 02, 2020 | Category: Limited Liability Partnership

How An LLP Firm is Different From Private Company and Partnership Firm?

The term “LLP Firm” denotes an alternative business format that provides the privileges of both private limited company and a partnership firm. Under this business format, the designated partners enjoy...

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LLP registered office change

Procedure and Requirements relating to LLP Registered Office change

A Limited Liability Partnership (LLP) is a creation of law; thus, it must administer its affairs as per the LLP agreement, LLP act, and the rules and regulations framed thereunder....

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Compliance for Limited Liability Partnership
Dashmeet Kaur
| Updated: Apr 13, 2020 | Category: Compliance, Limited Liability Partnership

Compliance for Limited Liability Partnership Firm

Setting up a business is not so easy; an aspirant has to invest a sufficient amount of time, effort, money, and determination during the inceptive stage. The struggle starts right...

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Incorporation of LLP
Yashu Singhal
| Updated: Apr 10, 2020 | Category: Business, Limited Liability Partnership

Incorporation Of Limited Liability Partnership

Limited Liability Partnership (LLP) is the combination of Partnership and Company. It contains the features of both. Nowadays, LLP has become the choice of businessmen due to its advantages over...

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Benefits of LLP over Private Company
Dashmeet Kaur
| Updated: Feb 21, 2020 | Category: Limited Liability Partnership

Benefits of LLP over Private Limited Company

The selection of a business structure is a tough choice to make since the success or failure solely depends upon it. The emerging entrepreneurs often get bewildered to find the...

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Foreign Limited Liability Partnership
Savvy Midha
| Updated: Jan 20, 2020 | Category: Limited Liability Partnership

Foreign Limited Liability Partnership Firm – Meaning & Requirements

Foreign Limited Liability Partnership, as the name suggests, is a combination of two entities that gives benefits of Limited liability of companies and flexible nature of the Partnership. LLP combines...

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LLP Registration Procedure
Dashmeet Kaur
| Updated: Dec 27, 2019 | Category: Limited Liability Partnership

What is LLP Registration Procedure in India?

The biggest challenge which incurs in a business partnership is that the inefficiency of a partner affects the progress of others. However, Limited Liability Partnership or LLP nullifies any such...

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Sole Proprietorship Vs LLP in India
Gonica Verma
| Updated: Jul 03, 2019 | Category: Limited Liability Partnership, Sole Proprietorship

Major Differences Between Sole Proprietorship Vs LLP in India

In India, all the petty retailers, traders, small scale entrepreneurs, etc. register themselves as Sole Proprietor of their firm as they solely want to own their firm without distributing profits...

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