LLP annual filing for startups: Compliance Challenges Introduction Starting a business as an LLP (Limited Liability Partnership) brings many benefits like easy setup, limited liability, and flexible management. But many startups struggle with LLP annual filing because of unexpected compliance […]

Exemption on Filing LLP Form 8: What You Need to Know Introduction LLP Form 8 is an important annual compliance requirement for all Limited Liability Partnerships in India. It includes a statement of accounts and solvency and must be filed […]

Startup Filing and Tax Exemption: How to File Annual Returns and Get Tax Benefits in India? Introduction Startup filing and tax exemption involve the key steps and documents needed to legally start and run a new business. You must complete […]

Tax Audit Requirements for LLPs Based on Turnover Limits in India Introduction Limited Liability Partnerships (LLPs) have gained popularity as a preferred business structure due to their flexibility, limited liability protection, and minimal compliance requirements. However, understanding the financial and […]

Tax Benefits of LLPs and How to Maximize Them? Introduction Limited Liability Partnerships (LLPs) have become increasingly popular in India’s dynamic business environment. Known for their flexibility and tax-efficient structure, LLPs are an attractive option for small and medium-sized enterprises […]

Audit of LLP: Types, Eligibility, Report, Benefits Introduction Auditing a Limited Liability Partnership (LLP) helps keep its financial records clear, accurate, and legal. Not all LLPs need a mandatory audit, but some must follow the rules under the LLP Act. […]

Annual Compliance Calendar of LLP 2025-26: Form 8, Form 11, ITR and DIR 3 Introduction As the new financial year 2025-26 begins, it’s crucial for LLPs in India to follow government rules by filing important forms like Form 8 and […]

Tax Statutory & Compliance Calendar for the Month of September 2024 Managing important tasks and deadlines can be tough for businesses, but a compliance calendar makes it easier by organizing important dates. It helps companies stay on track with their […]

What is a borrowing clause? What details should the borrowing clause of an LLP agreement include? Introduction An LLP can borrow money from its partners, banks financial institutes, etc. The partners of the LLP should include a borrowing clause in […]