Profit distribution in llp
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 July 2012
Respected Sir/Madam,
In LLP partners contributes money & run business & want his money back on there will.
but i want to know the process obtained by the LLP for distributing the profit & what is the share of short term partner who invest his money not more than 1 month.
In LLP partners contributes money & run business & want his money back on there will.
but i want to know the process obtained by the LLP for distributing the profit & what is the share of short term partner who invest his money not more than 1 month.
27 July 2012
Normally it is equivalent of 1 month's interest amount. 10% plus or minus is always taken as business RISK.
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