Skip to main content

DOCUMENTS REQUIRED TO REGISTER YOUR LLP FIRM

 


The LLP form of partnership is often found in firms where liability is a big issue. Such kinds of firms include medical practices, law offices and accounting firms. In this type of partnership, the individual partner is not responsible for the malpractices of the other partner.

Comments

Post a Comment

Popular posts from this blog

What to Include in a Master Service Agreements

Image
  Details that need to be included on a Master Service Agreement To obtain a well-drafted master service agreement, there are a few details that need to be mentioned in the agreement. Here is a list of the details that has to be mentioned. Confidentiality The service provider has to ensure that all the data provided by the customer is kept confidential. If the court requests the seller to uncover private data, the service provider will inform the customer and allow the customer to provide a defensive statement to the court. Payment terms The service providers and the customers usually negotiate on the terms related to payment. The instalment completely relies on the dealing power of the customer. Some customers can even prolong this for a span of 6 months. The term mentioned in the master service agreement This demonstrates a term during which both the parties will be in contract with each other. In most cases, both the parties forget about the term of agreement and only concentrat...
Read more

Advantages of Company Registration / Subsidiary company in India

Image
  A  foreign subsidiary company  is a partially or wholly-owned company that is a part of a larger corporation. The larger corporation must be headquartered in another country. The foreign subsidiary company works according to the laws of the country in which they are located. We have listed 9 important advantages if your registering a foreign company . Control Establishing a subsidiary company in India gives the  parent  company   operational and strategic control over the company. This becomes a very vital benefit for the parent company. Synergies  Synergies are combining two services together to get a combined or greater effect. Establishing subsidiary companies provide the benefit of synergies where a common financial system is used, sharing the cost incurred between the parent company and subsidiary. Brand name The brand name is retained as both the parent company and the subsidiary bear the same name. This leads to better growth opportunities for...
Read more

How to register a private limited company in India?

  From local businesses to corporates,  private limited company  is one of the most preferred business entities. The  financial liabilities  of the shareholders are limited to their shares. A private limited company will continue to exist even in case of death or departure of a member.  A private limited company can be incorporated with a minimum of two and a maximum of two hundred members. It is governed by the Ministry of Corporate Affairs, Companies Act, 2013 and the Companies Incorporation Rules, 2014.  If anyone wants to register their company as a  private limited company , they are required to follow the rules stipulated by the Companies Act, 2013.  Basic requirements for private limited company registration Documents required (with self-attestation) By  Directors  & Shareholders Latest passport size photo. Copy of Pan card of Directors  Copy of Aadhaar Card Copy of Voter Identity card/ driving licence/passport of th...
Read more