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The Limited Liability Partnership Act, 2008 was enacted by the Parliament of India to introduce and legally sanction the concept of LLP in India. Unlike the general partnerships in India, LLP is a body corporate and legal entity separate from its partners, have Perpetual succession and any change in the partners of an LLP shall not affect the existence, rights or liabilities of the LLP.
The first Limited liability partnership (LLP) was incorporated on 2 April 2009. In India as in many other jurisdictions, an Limited liability partnership (LLP) is different from a Limited Partnership.
Registrar of Companies (India) The Registrar of Companies (ROC) is an office under the Indian Ministry of Corporate Affairs that deals with administration of the Companies Act, 2013, The Limited Liability Partnership Act, 2008, The Company Secretaries Act, 1980 and The Chartered Accountants Act, 1949. These officers are from Indian Corporate ...
There are many types of business entities defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability companies and other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province.
A Non-Profit can be organized in India in the following ways: Trust under Public Trust Acts of various state governments. A Society under Societies Registration Act, 1860. Section-8 Company under Companies Act, 2013 (Formerly, Section-25 Under Companies Act, 1956)
Albania. In Albania a limited liability company ( Albanian: Shoqëri me përgjegjësi të kufizuar Sh.p.k) is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agreements. Partners' contributions constitute the registered ...
It is very easy to register a Pvt Ltd Company or LLP in Pakistan, which takes not more than 10 days. Costs would depend on the state of Pakistan in which company or LLP is proposed to be registered. It would cost you around PKR 2000 to PKR 10000 depending on what is your authorised captal in business.
v. t. e. A limited partnership ( LP) is a type of partnership with general partners who have a right to manage the business and limited partners who have no right to manage the business but have only limited liability for its debts. [1] Limited partnerships are distinct from limited liability partnerships, in which all partners have limited ...