A Limited Liability Partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liability. It therefore exhibits elements of partnerships and corporations. In an LLP, one partner is not responsible or liable for another partner's misconduct or ...
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34. What are the differences between LLP and OPC Registration in India? One Person Company (OPC) registration caters to entrepreneurs with a single member, whereas an LLP necessitates a minimum of two partners. OPC is tailored for business owners, while LLP suits businesses aiming for partnership...
As against a Company, partners are sole decision making authority and have the freedom to decide the way they want to manage and run the business WHY? Easy in Formation Limited Liability Partnership are comparatively easy to form and manage in India having simple registration process and less for...
As you can already gather, there is not much difference between the procedure to close LLP in India and the procedure to wind up a company in India. However, there are legal requirements that must be met. Therefore, you need the legal assistance of our business experts. ...
No compulsory audit requirements:There is no mandatory audit requirement for an LLP until the company exceeds the annual turnover of INR 40 lakhs What are the disadvantages of LLP? Not covered in all States:In India, there are certain variations in tax benefits from State to State. There are...
SIMORG INDIA LLP is a full service Import & Export company specializing in agro products and industrial raw materials with integrated shipping related services.We also work as a sourcing agent for our overseas and Indian clients for their raw materials requirements View All GET IN TOUCH Leave your...
the first company in INDIA to manufacture PVB films. Read More Our Products ARCHITECTURAL PVB AUTOMOTIVE PVB What We Do Happy Clients Our Team Awards & Customer Recognation Products GET A QUOTE Get In Touch With Us ADDRESS Unit 1:Genau Manufacturing Company llp Rai industrial area Sonipat, Har...
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