Info on LLP

Don’t make LLP a taxing conversion

The Limited Liability Partnership (LLP) Act, 2008, was expected to provide a big boost to the formation of LLPs that were seen as one of the modern forms of doing business in the developed world.

While few firms registered as LLPs, there have been very few existing firms or companies that have expressed willingness to convert to an LLP.

Source www.forum4finance.com