What types of business can take by llp


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Querist : Anonymous

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Querist : Anonymous (Querist)
20 January 2015 I want to start Business of -
Raising funds from public and invest such funds in goat rearing, after 1 or 2 year repay such funds/goat to public from whom funds raised. Can i do this business by forming Limited Liability Partnership? please suggest how?

20 January 2015 You can do this business by forming LLP. But can't raise funds from public.

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 January 2015 Thank you sir.

so i can take funds only from Partners.

21 January 2015 Yes you can also borrow from banks.


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