[ 0 ]
Recently added item(s)

You have no items in your cart.

[ 0 ]
Recently added item(s)

You have no items in your cart.

Enquire Now

Difference between LLP & a Company?

Limited Liability Partnership

Endors Shubham Published On: 09 Aug 2019

(0) Vote (0) Vote Share Facebook Linkedin Copy Link

1 Answers

Write Your Answer

Endors Pradeep Kumar Published On: 09 Aug 2019

A basic difference between an LLP and a joint stock company lies in that the internal governance structure of a company is regulated by statute (i.e. Companies Act, 1956) whereas for an LLP it would be by a contractual agreement between partners.

• The management-ownership divide inherent in a company is not there in a limited liability partnership.

• LLP will have more flexibility as compared to a company.

• LLP will have lesser compliance requirements as compared to a company.

(0) Vote (0) Vote Share Facebook Linkedin Copy Link

Forum Categories

Public Limited Company Private Limited Company Limited Liability Partnership Fssai Registration Trademark Registration - New ISO 9001 Section 8 Company Registration One Person Company MSME Udyog Adhaar Import Export Code DoT OSP License GST Registration Partnership Firm Proprietorship Firm Trust Registration Society Registration Change Company Name Change Registered Address Change of Director Change Object Change Capital Pvt. Company Annual Return Pvt. Company - XBRL Filing GST Returns Filing (Monthly & Quarterly) IT Return - Pvt. Company ITR Return Individual Fssai License Fssai Central License Drug License Conversion Charges Director KYC NGO Darpan Registration FCRA Registration ESI-PF Registration 80G 12AA Registration Startup India Registration Producer Company Registration Domain and Hosting Website Designing Logo Design Business Email ISO 14001 ISO 22000 GMP Certification KYC of Companies Section 8 Company Compliances Trademark Objection Reply LLP Annual Return IT Return - Proprietorship Firm IT Return - Partnership Firm Closure of Pvt. Company Closure of LLP Statutory Audit GST Refund Application NRI Income Tax Return Nidhi Company Professional Tax Appointment of First Auditor Commencement of Business TCS -TDS REGISTRATION Shop & Establishment Registration PAN & TAN Registration Trade License Telemarketing License Icegate Registration Company Certificate And Financial Documents Chit Fund Company Gst Modification/Changes in GST GST Cancellation/Surrender Eway Bill Registration Foriegn Company Registration In India Weight & Measurement Registration Digital Signature Certificate-DSC Food License Modification Fssai License Renewal Trademark Renewal Trademark Assignment/Transfer Copyright Registration Design Registration Patent Registration Book Keeping Income Tax Audit GST Audit Secretarial Records Maintenance Drafting of Minutes & Resolutions Change in LLP Conversion of Pvt Company into LLP Secretarial Audit