What is LLP? LLP means Limited Liability Partnership which came into known in the year of 2008 under the Limited Liability Partnership Act 2008. Limited Liability Partnership is similar to the general Partnership Firm Registration. LLP Registration fees differ according to the different ca firms. CA firms fix their LLP Registration fees according to their commission system. [...]
The Limited Liability Partnership (LLP) structure is a fairly new alternative of business structure. It provides the benefits of limited liability of a company while still allowing the flexibility of organizing management on the basis of a mutually arrived agreement. With merits such as lower cost of formation and compliance, lesser restrictions, and, not to forget, the [...]
LLP vs Private Limited Company(PLC) Great! You have the perfect idea for a startup, you're driven and have a team who backs you and are raring to go. But, wait! Have you thought about what type of company you will form? How many directors? What amount of capital you're ready to dispose of? What direction will [...]
Private Limited Company vs LLP While registering your very own company, it is vital to consider the direction the company is going to take. For eg. do you plan to raise capital? Governance issues surrounding Directors, Shareholders meeting extensive compliances etc. However, with this article, we hope to bring some clarity towards this issue. Here, we [...]
What is a Limited Liability Partnership Limited Liability Partnership(LLP) has the feature of both partnership firm as well as a corporation. The partners of LLP company will not liable for paying off the debts of the company from his/her personal assets. There can be more than two partners in the firm. Therefore, they are not responsible [...]
What is Limited Liability Partnership(LLP) Limited Liability Partnership is a globally recognized business entity. It has been introduced in India through the procedure of Limited liability partnership Act. Moreover, comprises of the advantages of both companies as well as the partnership into a single name LLP. The regulations of LLP have been set by the Registrar of [...]
