What is the duration of LLP?
LLP has perpetual succession unless dissolved voluntarily or by law.
Can we file LLP accounts online?
Yes, all filings including Form 8 and Form 11 can [...]
How much does it cost to register an LLP in India?
Government fees are ₹500 to ₹5,000 (depending on capital contribution) [...]
How much does LLP cost?
Registration costs range from ₹5,000 to ₹10,000, depending on professional [...]
Is PAN mandatory for LLP?
Yes, an LLP must have a PAN for tax filing.
What is the limit of a small LLP?
LLPs with turnover up to ₹40 lakh or capital up [...]
What is the turnover limit for LLP?
No turnover limit, but tax audit is mandatory if turnover [...]
Who cannot be a partner in LLP?
Minors, insolvent persons, and individuals banned under law cannot be [...]
What are the limitations of LLP?
Limited growth potential, no equity investment, and restrictions on business [...]
What are the risks of LLP?
Partner disputes, compliance failure leading to penalties, and difficulty in [...]