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Limited Liability Partnership (LLP) Registration in Banglore

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meghana
Limited Liability Partnership (LLP)  Registration in Banglore

LLP registration in 7 days in banglore- actaxindia .LLP carries lots of benifits .LLP concept was introduced in India in 2008. LLP having a minimum of two partners in order to incorporated , no upper restriction .A minimum of two chosen partners must be people and at least one of them must be an Indian resident among the partners. Selected partners' obligations and rights are governed by the LLP agreement. They bear sole responsibility for adhering to all LLP Act, 2008 requirements and LLP Agreement .

A Limited Liability Partnership has unique legal standing. Thus, an organization must continue to be active by submitting frequent reports to the Ministry of Corporate Affairs. Any LLP must submit an annual compliance filing, regardless of whether it has a company. Two different forms must be submitted annually to maintain LLP compliance. There are two of them: one is for the annual report, and the other is for the statement of accounts and solvency.

Among the partners, there should be a minimum of two designated partners who shall be individuals, and at least one of them should be a resident of India. The LLP agreement governs the rights and duties of selected partners. They are directly responsible for compliance with all of the LLP Act, 2008, and provisions specified in the LLP agreement.

A Limited Liability Partnership has unique legal standing. Thus, an organisation must continue to be active by submitting frequent reports to the Ministry of Corporate Affairs (MCA). Any LLP must submit an annual compliance filing, regardless of whether it has a company. Two different forms must be submitted annually to maintain LLP compliance. There are two of them: one is for the annual report, and the other is for the statement of accounts and solvency.


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