kruthika
asked over 3 years ago
what is the cost for converting private limited company into LLP? and what are the procedure for converting private limited company into LLP?
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2 Answers
acharya
answered over 3 years ago
but allows its members the flexibility of organizing their internal management on the basis of a mutually arrived agreement, as is the case in a partnership firm.
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veeru
answered over 3 years ago
LLP is a new corporate structure that combines the flexibility of a partnership and the advantages of limited liability of a company at a low compliance cost. In other words, it is an alternative corporate business vehicle that provides the benefits of limited liability of a company
