27/04/2024 Financial & Legal Services
The following are the features of an LLP in India:
It’s a body corporate & legal entity separate from its members;
The members of an LLP have a limited liability, limited to their agreed contribution to the LLP;
It has the organizational flexibility of a Partnership;
It has a perpetual succession, it continues to exist even after the founding partners leave the organization. All it requires is to have at least 2 partners;
Its accounting & filing requirements are similar to that of a Company;
Less compliance and regulations;
No requirement for minimum capital contribution;
At least one partner must be a resident of India;
There is no upper limit on the maximum number of Partners.
The following are the features of an LLP in India: It’s a body corporate & legal entity separate from its members; The members of an LLP have a li...
If you are running an NBFC and want to streamline your operations, the best solution is to get NBFC Software in India. This software is designed speci...
Managing loan payments can be a daunting task, but with the help of NBFC Software in India, it's now possible to streamline the process. This software...
If you are running an NBFC and want the best software, get NBFC software in India. This will help you manage your business more efficiently and effect...
More Details