Advantages of LLP Registration
LLP Formation |
Limited liability
Companies often have to borrow money. In a general partnership, the partners are personally responsible for these debts. So if it can not be repaid by the company, partners should sell their personal property to do so. Only The amount that is invested in the launch of the company, would be lost, In LLP ; All personal property would be safe.
Reduces compliance
A LLP requires only approved annual returns if it has a turnover of more than Rs. 40 lakh or capital contribution of more than Rs.25 lakh, it also requires fewer transactions and structural changes as a company Limited liability company
Tax Advantages
There are significant advantages over the limited liability company. For example, the tax on the distribution of dividends and the surtax are not applicable. Partner loans are also not taxable as income.
Investment Junction provide best services of LLP Formation in Pune and ISO Registration in Pune.
Companies often have to borrow money. In a general partnership, the partners are personally responsible for these debts. So if it can not be repaid by the company, partners should sell their personal property to do so. Only The amount that is invested in the launch of the company, would be lost, In LLP ; All personal property would be safe.
Reduces compliance
A LLP requires only approved annual returns if it has a turnover of more than Rs. 40 lakh or capital contribution of more than Rs.25 lakh, it also requires fewer transactions and structural changes as a company Limited liability company
Tax Advantages
There are significant advantages over the limited liability company. For example, the tax on the distribution of dividends and the surtax are not applicable. Partner loans are also not taxable as income.
Investment Junction provide best services of LLP Formation in Pune and ISO Registration in Pune.
We Also provide Services -
1. Apply online for payroll management in Pune ,
2. Apply online excise duty in Pune
1. Apply online for payroll management in Pune ,
2. Apply online excise duty in Pune
Comments
Post a Comment