The steps for ease of doing business and simplified processes were always focused to company registration processes. Where the company registration process was re-engineered by frequent changes, the LLP registration process was untouched for years. The industry has faced very nominal or insignificant changes in online LLP registration process since it being implemented. Read More […]
LLP was introduced a decade ago. But, it has not successfully received wide acceptance from targeted segments. Some misconceptions are still prevailing in general about this structure. Today, I am going to clear up many such misconceptions. Read More :- LLP in India: Myths you should not be blinded by
Keep your limited liability partnership from being a defaulter by following just little compliance as “Prevention is always better than Cure”. After every LLP registration with MCA should take care of certain compliances and practical aspects associated with it. One of the important legal factors associated with LLP or any business is to follow the […]
Limited Liability Partnership is a new form of business and a really convenient form of business. It is more advantageous for the small business firms and the start-up’s to start or carry out their business with the least risk and convenience. This is the form of business which carries the benefit of Limited Liability like a Company […]
LLP is a Limited Liability Partnership where the owners have a limited liability. LLP is a Partnership which can be considered as an “Ideal Partnership”. A LLP is a corporate body which is a Legal Entity separate from its partners. In an LLP, one partner is not responsible or liable for another partner’s misconduct or negligence. It […]
A Limited Liability Partnership can be considered as an “Ideal Partnership” as it assures the flexibility claimed under the Partnership Firm combined with the benefits claimed by a corporate entity, company such as separate legal entity, perpetual succession and limited liability. Thus it combines the characteristics of a Partnership and Company in a beneficial way. A Limited liability partnership (LLP) […]
