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Limited Liability Partnership Act 2008

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KUMBHAT & CO

The document provides an overview of limited liability partnerships (LLPs) in India, including: 1) The history and genesis of LLP legislation in India and other countries. 2) Key features of LLPs in India such as minimum partners, limited liability, and flexibility in structure. 3) A comparison of LLPs to partnerships, private companies, and other business structures. 4) Regulatory requirements for LLPs including governance, accounting, auditing, and tax compliance.

BusinessÉconomie & finance
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LIMITED LIABILITY PARTNERSHIP ACT 2008 & RULES 2009 Priya Bhansali KUMBHAT & Co., Chartered Accountants www.bhansali.in
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
GENESIS OF LLP ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Concept Paper ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
What is LLP ,[object Object],[object Object],KUMBHAT & CO.,
Salient Features ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Salient Features ,[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Formation of LLP ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Advantages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Disadvantages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Regulatory Frame Work ,[object Object],[object Object],[object Object],KUMBHAT & CO.,
Regulatory Framework ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Comparison ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Comparison ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Comparison ,[object Object],[object Object],[object Object],KUMBHAT & CO.,
Chapters under the Act ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Chapters ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Schedules ,[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
LLP Rules ,[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Designated Partner ,[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Audit and Accounts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Accounts & Annual Returns ,[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Auditors ,[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Auditors (contd.) ,[object Object],[object Object],[object Object],KUMBHAT & CO.,
Other Countries ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
TAXATION ,[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Taxation (contd.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
Issues ,[object Object],[object Object],[object Object],KUMBHAT & CO.,
Foreign LLP ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,
[object Object],[object Object],[object Object],[object Object],KUMBHAT & CO.,

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Limited Liability Partnership Act 2008

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