LLP Compliance
Running any business is hard. It requires money, time, and determination. Besides this, there is a lot of paperwork including registration, GST filings, and others that are cumbersome. However, our team of experts at Bookmycompliance will help you with all legal requirements, such as filing all the mandatory forms, suggesting the right lawyer for you (if you need one), or verifying your documents. Bookmycompliance helps you to avoid penalties for not filing the required forms on time. Let’s see about LLP Compliance Checklist for India.
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What Is an LLP?
Limited Liability Partnership (LLP) is a separate legal entity registered under the Ministry of Corporate Affairs (MCA) in India. To register an LLP, there should be two partners, with at least one of them need to be an Indian citizen and resident. The partners should take responsibility for maintaining a proper book of accounts, filing income tax returns, and filing an annual return with the Ministry of Corporate Affairs (MCA) every financial year.
Related Business Registrations
In addition to registration or incorporation, a business may require other registrations depending on the business activity undertaken. Talk to an Advisor to find out registrations your business may require post registration.
