Uma
asked over 3 years ago
CAN LLP RAISE MONEY AS DONATIONS?
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2 Answers
narahari
answered about 3 years ago
LLP is a profit based organisation Donations are always for not for profit organisation In order to accept donation you must be registered as Not for profit organisation u/s 8 of the companies act LLP cannot raise money in the form of donation.
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lochan
answered over 3 years ago
**LLP AND DONATIONS** Hi , LLP is a profit based organisation Donations are always for not for profit organisation In order to accept donation you must be registered as Not for profit organisation u/s 8 of the companies act LLP cannot raise money in the form of donation. It works for profit , Thanks**
