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LLP Form 8 Filing

Importance of LLP Form 8 Filing: Statement of Account and Solvency

  All Limited Liability Partnerships (LLPs) registered in India are required to file LLP Form 8 or Statement of Account and Financial stability every year. In Spite of the LLP’s turnover, Form 8 must be submitted with the Ministry of Corporate Affairs (MCA). What is Form-8? It is a statement made by all Designated Partners […]

Tax Exemption for Startups

What Are the Tax Exemptions to Startups by Indian Government and Eligibility to Claim?

Startup India Eligibility The following criteria must be met in order to be considered a startup, according to the Startup India Action Plan: Being incorporated or licenced in India for less than seven years, with a limit of ten years for biotechnology startups.  In each of the previous financial years, annual revenue did not reach […]

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