Call our chartered accountant for LLP registration Expert +91 72999 72500
A Filingpoint Licensed CA can provide valuable guidance and insights on various legal issues, financial regulations, agreements, etc., that might be difficult to understand without their expertise. This can help you avoid costly mistakes in the future and ensure that your business is compliant with governing laws and regulations.
Besides being familiar with the nuances of LLP compliances, a CA can also assist you with your book-keeping and accounting needs. This can save you a lot of time and effort, especially since statutory filings are mandatory for LLPs.
An LLP is a type of business entity that offers limited liability protection to its partners. This means that each partner is only liable for their agreed contribution to the LLP, protecting them from the debts and liabilities of other partners.
One of the most important benefits of an LLP is its tax advantages. Because of this, many entrepreneurs opt for an LLP over a conventional partnership firm.
However, before you can start operating your LLP, you must register it with the Ministry of Corporate Affairs (MCA). This includes obtaining a Digital Signature Certificate (DSC) for each of its designated partners.
After that, you must reserve a name for your LLP through Form RUN-LLP and ensure that it adheres to MCA's naming guidelines. You must also draft an LLP agreement, which sets out the rights, duties, and responsibilities of its partners. You can submit up to two proposed names through this process.
Contact Filing point LLP Registration Expert +91 72999 72500
Comments
Post a Comment