https://www.taxtmi.com/article/detailed?id=383 The Limited Liability Partnership Act, 2008 creates an entity with separate legal personality and perpetual succession where partners' liability is limited to their agreed contribution. Formation requires registration with the Registrar, designated partners (at least two, including one resident Indian) with unique identification numbers and primary compliance duties, filing of incorporation documents and partnership agreements, and statutory maintenance and filing of audited accounts and annual returns. The Act allows conversion of existing firms and unlisted companies into LLPs, provides for winding up and amalgamation procedures, and leaves tax treatment to existing income tax law. en-us Mon, 08 Jun 2009 00:00:00 +0530 Thu, 10 Dec 2009 19:14:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=383 The Limited Liability Partnership Act, 2008 creates an entity with separate legal personality and perpetual succession where partners' liability is limited to their agreed contribution. Formation requires registration with the Registrar, designated partners (at least two, including one resident Indian) with unique identification numbers and primary compliance duties, filing of incorporation documents and partnership agreements, and statutory maintenance and filing of audited accounts and annual returns. The Act allows conversion of existing firms and unlisted companies into LLPs, provides for winding up and amalgamation procedures, and leaves tax treatment to existing income tax law. Articles Limited Liability Partnership - LLP Mon, 08 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=383