Limited Liability Partnership (LLP) – “What is an LLP Agreement?”, Contents of LLP Agreement and Types of LLP Agreement Introduction According to LLP (Limited Liability Partnership) law, any two people can form an LLP by signing the incorporation documents. Unless […]

Fundraising in LLP – Contribution of a Partner in LLP Fundraising, and Minimum Contribution Requirement Introduction The concept of a Limited Liability Partnership, or LLP, was first proposed in April 2009. Because of its unique benefits, LLP registration has swiftly […]

What is LLP Form 4, who can file it? And Document Required for Filing LLP Form 4 Introduction As per the LLP Act of 2008, an LLP must file Form 4 and Form 3 to make any structural changes. Form [...]

What is LLP Form 3? Document Required And How to file form 3? Introduction Limited Liability Partnership (LLP) Form 3 is a crucial document that records the LLP agreement between partners, defining their roles, rights, and responsibilities. Filing this form […]

What is Form 5 LLP (Limited Liability Partnership)? And Process for Filing LLP Form 5  Introduction Entrepreneurs and professionals can benefit from LLPs in a variety of ways. An LLP (Limited Liability Partnership), despite being a relatively simple corporate organization, […]

Everything you need to know on Remuneration to LLP Partners, Eligibility Criteria, and Maximum Remuneration to Partners in LLP allowable by Income Tax Department Introduction The Internal Revenue Service has issued a number of detailed instructions regulating the remuneration granted […]

Major Amendments in LLP Incorporation Process- LLP (Second Amendments) Rules, 2022 The Ministry of Corporate Affairs has notified “Limited Liability Partnership (Second Amendment) Rules, 2022” vide its Notification dated 4th March 2022. The said amendment was introduced in order to […]

LLP Annual Return Filing, Process for LLP E-filing, and LLP Filing Due Dates Introduction A Limited Liability Partnership (LLP) is a distinct legal entity, registered with the Ministry of Corporate Affairs (MCA). You can fulfill this requirement by completing the [...]

Benefits of Selecting LLP over Partnership Firm In this blog, we will look at the advantages of LLP (Limited Liability Partnership), “Why it is beneficial to select LLP over Partnership Firm?”, the difference between LLP and Partnership Firm. Let’s have […]