Limited Liability Partnerships (LLPs) have become a popular business structure in India due to their flexibility, limited liability benefits, and ease of formation. However, what many entrepreneurs overlook is the importance of maintaining proper LLP compliance. Ignoring compliance requirements can lead to penalties, legal complications, and even the dissolution of the LLP. In this beginner-friendly guide, we’ll simplify everything you need to know to stay compliant and keep your LLP legally secure.
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