August 2, 2024
Accounting and Bookkeeping Laws and Regulations for LLP (Limited Liability Partnership) Businesses in India
A Limited Liability Partnership (LLP) is a hybrid business structure in India that combines the advantages of both partnerships and companies. LLPs provide limited liability protection to partners while allowing them operational flexibility. The accounting and bookkeeping regulations for LLPs are outlined under various laws to ensure transparency and compliance. 1. Laws Governing LLPs The…
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