Limited Liability Partnership

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Querist : Anonymous

Querist : Anonymous (Querist)

25 June 2011 Respected sir/madam ,

Can you please help in below question while forming in LLP [ Limited Liability Partnership ] with 2 partners :

1. 2 partners can be designated partners ?

2. Remuneration can be provided to designated partners , since default LLP agreement states that there is no remuneration is provided to designated partners for his activities to LLP ??

3. Is LLP business can be registered at rented residential premises by doing an rent agreement ??

4. If premises is under mortgage at Bank for home loan , is it possible to make rent agreement on this premises ?? if no then what is the remedy .

5. After Incoporation of LLP in how many days do the PAN , Shops & Establishment license , Professional tax , service tax , VAT registration need to be done.

for your information business type will be ' tax consultancy , Man Power recruitment '

your comments on above will be highly appreciated . Thanks in Advance

Regards,

Manish Lingayat
9220842572

Querist : Anonymous

Querist : Anonymous (Querist)

20 December 2011 Hello sir/madam,

We would like to inform you that we have incorporate LLP the name of Daiwik Consultants LLP. we have a major query. please see the below line:

1) Can we do the accounting entry of priliminary expenses from working capital.
(Means we can spent money of priliminary expenses from working capital)

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