The Compliance Trap: Why Most LLPs Pay ₹50,000+ in Penalties — and How to Avoid It
Limited Liability Partnerships (LLPs) are a preferred business structure for startups and professionals in India due to their flexibility and minimal regulatory burdens. However, many LLPs fall into a costly compliance trap—paying penalties upwards of ₹50,000 simply because they missed their LLP Annual Compliances.
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