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Home / FAQs Category / Nature of Limited Liability Partnership

Nature of Limited Liability Partnership

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+ What is ’Limited Liability Partnership’?
+ What are the benefits of forming an LLP?
+ What is/are the difference between LLP & ’traditional partnership firm’?
+ What is/are the difference between LLP & a Company?
+ Whether LLP is required to have any Common Seal?
+ Whether an entity having ’charitable or other not for profit objectives’ would be able to set up under LLP Act?
+ Whether it is necessary for all partners to participate in management of LLP?
+ Who will be more benefited with LLP form of business
+ Whether CA/CS/CWA can practice under LLP?
+ Why LLP is called a flexible organization?

FAQs Category

Activities of LLP Applicability of Limited Liability Partnership Act
Audit Compliances by LLP
Contribution by Partners Conversion into LLP
Designated Partner Identification Number Digital Signature Certificate
e-Filing Incorporation of LLP
Investigation Liability of Partner
LLP Agreement LLP Name
Merger & Winding Up Miscellaneous
Nature of Limited Liability Partnership Partners and Designated Partners
Registered Office Tax on LLP

 

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