LLP

Is Limited Liability Partnership a good option for Startups?

You have a solid idea or product in hand .Your friends and your team strongly believes that the product or your idea will work out. This is probably the time you look out for registering a firm for marketing, hiring, branding and funding of your venture. And in most cases the first option coming to your mind will be starting a private limited company.

Limited Liability Partnership, An introduction

Limited Liability Partnership which is popularly known as LLP is new concept introduced by Government in 2009 in India. The main objective of introducing LLP was to bridge the gap between a partnership and somewhat complex private limited companies. As anticipated by the ministry LLP gained popularity very quickly, due to the low incorporation cost, reduced burden of compliance and comparatively easy reporting norms while retaining the attraction of Limited Liability

LLP Annual Filing 2013

Every Limited Liability Partnerships (LLPs) is required to file LLP Form 8 (Statement of Account & Solvency) and LLP Form 11 (Annual Return) annually. The due dates for filing for the year 2012-13 is nearing.

LLP Audit Requirement:

Only those LLP whose annual turnover exceeds Rs. 40 lakhs or whose contribution exceeds Rs. 25 lakhs are required to get their accounts audited by a qualified Chartered Accountant.

LLP Annual Accounts Requirement:

 

Location


COCHIN OFFICE

"Swastika”, 31/1444, Lal Salam Road, Off Convent Road, Ponnurunni, Vyttilla P.O, Cochin – 682 019. Phone: +91 484 4046696, +91 9895630786 Email: info@directus.co.in

TRIVANDRUM OFFICE

‘Saparya’ Sankar Road Sasthamangalam, Trivandrum Kerala—695 010 Ph: + 91 471 4061654 Email: tvm@directus.co.in

BANGALORE OFFICE

222, Nurture Labz, Indira Nagar Double Road, Domlur II Stage, Bangalore 560071, Karnataka. Ph : 9742307021 Land Line: 080 4146 1525 Email : bglr@directus.co.in

CHENNAI OFFICE

First Floor,New No.7, Devi Krupa, 4th Cross Street, Trustpuram, Kodambakkam, Chennai - 600024. Ph: 9962077727 Email:- chennai@directus.co.in

CALICUT OFFICE

'Souparnika' 1st Floor, Baten Complex, Nadakkavu Calicut - 673011 Ph: 0495 2366257 Email: xbrl@directus.co.in

THRICHUR OFFICE

'Tapasya', Easwar Nivas, Kunnath Lane, Thiruvambady, Trichur Ph:- 98956 80786 Email: tsr@directus.co.in

 

Contact

Give us a call at +91 989 563 07 86 +91 484 4046696

Email us at info@directus.co.in

 

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