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Advantages of Limited Liability Partnership

The advantages of LLP in India are much as it is a newly growing business structure. LLP is a new concept while Partnership is an old concept. LLP and Partnership are different as Partnership is an old concept while LLP is a newly established concept introduced in India by Limited Liability Partnership Act, 2008. Advantages of LLP includes both the advantages of Partnership as well as a Company asit have the ingredients of [...]

Trademark Registration Process in India

Introduction Trademark registration process in India is required if a company/individual intend to possess the complete ownership of the mark and intend to protect it from the misuse by the third party. Trademark registration gives legal right to take appropriate action against the third party against an infringement of the trademark. Registering a trademark gives the owner exclusive right to use it for its products and/or services. If the trademark registration process is followed [...]

Conversion of Partnership into LLP or Private Limited Company

Introduction Partnership, Limited Liability Partnership, Private Limited Company, One Person Company, Sole Proprietorship, Public Company. A country like India gives you wide options when it comes to business. As an Entrepreneur, you have the choice to select between these forms of business. But before choosing you need to know the pros and cons of all these forms. You need to see which form will benefit you and your business the [...]

Everything you need to know about the Memorandum of Association (MOA)

What is the Memorandum of Association? Memorandum of Association (MOA) is a legal document that specifies the scope of business activities of the company and information about the shareholding of the company. The MoA is a document prepared for the Company registration procedure. Sometimes, it is called the charter of the company other times, it is just called a memorandum. In most countries, the MOA has to be filed as a [...]

All about Limited Liability Partnership (LLP)

Introduction Limited liability partnership is a combination of both partnership and corporation. It has the feature of both these forms. As the name suggests partners have limited liability in the company which means that personal assets of the partners are not used for paying off the debts of the company. Nowadays it has become very popular form of business as many entrepreneurs are opting this. There are a number of [...]

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