LLPs slated to more stringent reforms

Limited Liability Partnerships (LLPs) being a hybrid form of entity with characteristics of both companies as well as partnerships are governed by the provisions of Limited Liability Partnership Act 2008 (LLP Act). LLPs are popular since due to less compliance requirements as compared with a company.Limited Liability Partnerships (LLPs) being a hybrid form of entity with characteristics of both companies as well as partnerships are governed by the provisions of Limited Liability Partnership Act 2008 (LLP Act). LLPs are popular since due to less compliance requirements as compared with a company.taxmann.com Latest ArticlesRead More

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