Q. List the important features of LLP formation in India as per the LLP Act, 2008?
by Paras Mehra 1.07K
Here are important features of LLP formation in India:
- LLP offers you separate legal entity status and hence it helps you to protect from any legal claims and cases.
- LLP helps you in loan funding even if you have bad cibil score.
- LLP name always remain secure and no one shall be able to copy.
- LLP is subject to audit and annual filing.
- LLP needs to file form 8 and Form 11 within due dates.
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