Withdrawal of Resserves from LLP

Tax planning 283 views 1 replies

Hello All

I have converted my company to an LLP, now i wanted to withdraw the reserves or current account amount. Is their any laws which prohibits me from withdrawing the reserves or i can withdraw any amount from it. In company their was some prohibition on withdrawing reserves is it same in LLP to?

Replies (1)
You can withdraw any amount from it.


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