Growth of Limited Liability Partnerships (LLP Registration) in India

Growth of LLP Registration in India

Introduction on LLP Registration

In today's contemporary viable world everybody wants to diminution his liabilities. and likes to live in a flexible but profitable environment. Based on the same line the new concept of Limited Liability Partnership and its association with the corporate form has evolved.




The origins of the concept of limited liability can be traced back to medieval times (Lipton, 2018). Limited partnerships can be traced to early French law. It's starting with the development of the concept of general partnership, moving on to the thought of limited liability partnership

This present study aims to assess the trend of registration of Limited.Liability Partnerships (LLPs) in India after implementation of companies Act 2013 and Goods and Services Tax Act 2017. This study uses Descriptive and inferential statistical tools for analysis and Interpretation of data.

This study results indicate that economic activity- Wise maximum numbers of registered and active LLPs were in service Sectors 76 per cent, followed by industry 22 per cent and agriculture Sectors 2 per cent. This study finally concluded and suggests that State, Central and Union Territories (UT's) governments, must take necessary steps Jor Increasing new startups in LLPs In India.



These include financial assistance at concessional rates, tax holidays, subsidies for existing as well as new domestic and foreign Entrepreneurs. It creates better environment for investors by enhancing ease of doing business indicator in India and protecting their investments. For more information kindly visit: https://startupregistration.in/

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Location: Kalyan, Maharashtra, India

Comments

  1. hari27 June 2021 at 23:18

    Thanks for sharing information about LLP registration process

    ReplyDelete
  2. Infinity Jaipur24 August 2021 at 04:32

    Hi, this is really very nice blog. I have learned a lot of good and informative stuff from your blog. Thank you so much for sharing this wonderful post. Keep posting such valuable contents.

    We provide complete business solution.

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    ReplyDelete
  3. Tax Consulting Firm25 August 2021 at 05:09

    Thanks for sharing such a great article with us. This surely helps me in my work.Thanks a lot
    If you require any information regarding Subsidiary Company Registration in India and Company Registration in Delhi then plz click on it.

    ReplyDelete
  4. Taxlegit3 September 2021 at 00:09

    Startup Registration
    The Government has recently launched a ‘Startup India Registration India Scheme’ to promote the concept of a self-reliant India OR ‘ATMANIRBHAR BHARAT,’ after cutting off major dependencies on China. Under this scheme, companies can be recognized as Startups by DPIIT (Department for Promotion of Industry and Internal Trade) and avail maximum benefits. Call us at +91 8929218091

    ReplyDelete
  5. SKR_MSMS17 December 2021 at 01:39

    Financial audit services

    ReplyDelete
  6. expertbells3 February 2022 at 02:43

    Amazing post, good work.
    LLP Registration in Agra

    ReplyDelete
  7. Finance and Accounts29 August 2022 at 01:33

    As part of the Indian Partnership Act, 1932, partnerships must register to conversion of partnership firm into llp . Limited liability companies are incorporated by converting partnership firms that have the same partners as partnerships. Partnerships that are unregistered cannot become limited liability companies.

    ReplyDelete
  8. Keerthana28 September 2022 at 00:18

    The Limited Liability Partnership Act, 2008 defines a Limited Liability Partnership as a corporate entity. LLPs are an alternative to conventional partnerships in the business industry, according to MCA (Ministry of Corporate Affairs). Here are the basics you should know if you want to start a limited liability company.
    Read more: LLP registration

    ReplyDelete

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