LLP formation is less expensive as compared to private limited company registration. LLP doesn’t have the right to issue equity shares. It is suggested that you should not choose LLP as your business entity in case you are having plans to raise equity fund from venture capitalist, angel ...
Tax benefits of an LLP include no dividend distribution tax and exemption from tax on partners profit share unlike in a private limited company. 33. What are the differences between incorporating an LLP and a Pvt. Ltd. company in India? LLP and Pvt. Ltd. Company registration, in India diffe...
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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...
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Lower Registration Cost in comparison to private limited company. 7 LLP are taxed at a lower rate as compared to Company. Moreover, LLP are also not subject to Dividend Distribution Tax as compared to company, so there will not be any tax while you distribute profit to your partners. ...
2 DPIN 1-3 working days 3 LLP Registration 7-9 working days 4 PAN & TAN Applications 1-3 working days Comparing Private Limited Company, LLP and OPC Factors of ComparisonPrivate Limited CompanyOne Person CompanyLimited Liability Partnership Minimum Requirement Members – 2 Directors – 2 Membe...
Who Is Responsible for the Company: As with a limited company or a corporation, members of LLPs cannot, in the absence of fraud or wrongful trading, lose more than they invest. What’s Included in Our LLP Formation Package: Fast Online Formation Companies House Registration Fee Printed Cer...
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