Llp mga kuwento

Just your regular Aphmau RolePlay 😎😎

Title^^

The process of Limited Liability Partnership (LLP) registration in India involves several steps mandated by the Ministry of Corporate Affairs (MCA). Firstly, prospective LLP partners must obtain Digital Signature Certificates (DSC) and Director Identification Numbers (DIN) for all designated partners. These electronic signatures are necessary for online filings and documentation. Next, partners must decide on a unique name for the LLP, following the MCA's naming guidelines. Once a name is approved, partners prepare and file Form-1 (Application for reservation or change of name) to reserve the name. Following name reservation, partners draft the LLP agreement outlining the rights, duties, and responsibilities of each partner and file it along with Form-2 (Incorporation Document and Subscriber's Statement) to register the LLP. The LLP agreement must adhere to the provisions laid out in the Limited Liability Partnership Act, 2008. For a smoother registration process, seeking professional assistance from services like SetIndiaBiz can provide expert guidance and ensure compliance with all legal requirements.

Ministry of Corporate affairs vide its General Circular No. 6/2020'dated 04th March, 2020 notified 'LLP settlement Scheme, 2020′.

*Insert a witty description*

This is Book 2 out of 1, Ohana means; family. Family means: No one get's left behind or forgotten. ~Stitch

Starting a business is an exciting venture, and registering your company is a crucial step in establishing its legal foundation. Thankfully, the online registration process has streamlined this procedure, making it more accessible and convenient.

ᴡʜᴇɴ ʏᴏᴜ ᴄᴀɴ'ᴛ ʟᴏᴏᴋ ᴏɴ ᴛʜᴇ ʙʀɪɢʜᴛ sɪᴅᴇ, ɪ ᴡɪʟʟ sɪᴛ ᴡɪᴛʜ ʏᴏᴜ ɪɴ ᴛʜᴇ ᴅᴀʀᴋ. ㅡ When her family left her, When her friends abandoned her, When she felt every ounce of will leave her, When she lost the strength to go on, He became her wings.

🗓️ LLP Form 8 is due by October 30! Ensure timely filing to avoid hefty late fees. Stay compliant and keep your business in check! 📊💼 Need help? Consult a professional and avoid penalties! 🚀

Things us aphmau fans can relate to!

📝 Closing an LLP? Hold a meeting, cease operations, close bank accounts, and prepare documents. File Form 24. Ensure no operations for 1+ year, no assets/liabilities, partners' consent, and all returns filed. ✅

Legal Status requires a lot of paperwork Unlike Partnership, for LLP registration there needs to be made a lot of paperwork, due to the separate legal status it holds. Difficulty in finding investment Investors are reluctant to make investments in an LLP, they have to become partners to take some responsibility for the business. It does not have the concept of equity and shareholding Higher penalty for non-compliance Upon, LLP registration, an LLP has to pay a higher penalty for non-compliance as compared to a private limited company At least two partners At least two partners are needed, a sole partner after one has left can only function for a limited time for 6 months, after one partner leaves a single partner cannot run the business anymore. Income Tax return to be filed Besides having the advantage of limited filling, the returns filed by an LLP are higher even though there is no business happening or there are no profit margins. Irrespective of the turnover they are taxed at 30%. Cannot raise money from the public LLP cannot issue shares and raise money from the public as the partnership is limited to the participation of its partners only. To know more, visit on: https://bit.ly/3T2szhZ