Any LLP (Limited Liability Partnership) registered in India needs to be compliant under the rules and regulations as laid down by the Ministry of Corporate Affairs. Irrespective of whether it has done any business or not, in every financial year an LLP is required to file Annual Returns and Statement of Accounts.
Previously we spoke about the fundamental differences between a Pvt Ltd company and an LLP and the factors one needs to take before choosing the right entity for your business. Today we go 2in depth about the important reasons why one should register a Private Limited Company in India. The most popular choice of corporate […]
The first legal step towards starting a new startup venture is choosing the right entity for registering their business. Be it a Private Limited Company or a Limited Liability Partnership (LLP). Founders often find themselves stuck at making this kind of decisions as the right choice would determine the nature of the ownership and the […]
The Startup India Project is an ambitious flagship initiative of the Government of India under our Prime Minister, Shri Narendra Modi. The whole purpose of this initiative is to empower startups and build a robust ecosystem by nurturing them to grow through innovation and design. This will, in turn, drive sustainable economic growth and bring […]