Annual Return is an annual statement containing the particulars regarding partnership and designated partnership, required to be filed by a LLP within 60 days of the end of each financial year
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Automatic Route
All direct foreign Investment proposal which do not require approval are known as proposal under automatic route
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Branch office
Foreign companies engaged in manufacturing and trading activities abroad are allowed to set up Branch Offices in India for carrying on the specified activity.
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Chartered Accountants
Chartered Accountants are the accounting professionals , who are the members of the institute of Chartered Accountant of India, a statutory accounting body constituted by Government of India. Only a chartered accountant can be appointed as statutory auditor of a llp.
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Company Secretary
A person who is the member of the Institute of Company Secretaries of India, a statutory body constituted by government of India can be appointed as Company Secretary
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Crores
Crores is equal to 10 millions.
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Designated Partner Identification Number
An 8 digit numeric number issued by Ministry of Corporate Affairs to every person who is a designated partner or who intends to be designated partner
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Directors Identification Number
An 8 digit numeric number issued by Ministry of Corporate Affairs to every person who is a director or who intends to be director
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Foreign Company
Company incorporated outside India under the laws of that country
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Foreign LLP
LLP incorporated outside India under the laws of that country