Why an LLP is better than a Partnership?

Don't even think of starting a #Partnership. #LimitedLiabilityPartnership is the way to go. Watch this video to know why.
The concept of an LLP is very new in India just 3 to 4 years old. The government fees is only Rs.2000 and an LLP comes with a number of benefits as compared to a Partnership.
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[@vikramsekaran4126]

very good explanation and the content was very clear.thanks

[@vakilsearchonline]

Vikram Sekaran Glad we could help.. :)

[@prashantkv]

Is it easy to dissolve an LLP and float a Private Limited?

[@skyline8982]

To the point! Thanks a ton mate!

[@coolgrv9]

Mera ek hi query hai , kya LLP company me employees rakh sakte kya ,n tax benefits kya hai compared to Pvt Ltd

[@ExploratoryBehaviour]

Short and useful... Thanks buddies!!! Looking forward to more guidance...

[@urwithnitinpal]

Hello Hamid,
You videos are very knowledgeable. Lots of learning.
I want to start a software company. Can I start it with LLP or i have to go for proprietorship OR Pvt. Ltd.

[@csshahbazkhan2752]

Yes
Thanks & Regards
Contact 8982766623

[@Cnu109]

i see you have a same question 5 years ago that i have now. what did you end up deciding either LLP or pvt ltd?

[@AishHumairaa]

Thank you. A clear & excellent explaination !

[@vakilsearchonline]

Hi, glad that you liked our video. If you want to avail any of our services, please write to [e-mail]

[@MusicalTouchIRavi]

What mean by legal entity in both cases ?

[@myfarmmyhome3850]

Thank you sir,,for knowledge sharing ... :):)

[@ramp10000]

one doubt sir that, disadvantage of llp is, if one member choose to leave the partnership, the llp may have to be dissolved?

[@csshahbazkhan2752]

Yes
Thanks & Regards
Contact 8982766623

[@onebitstory]

how can i convert proprietorship to llp ?
thanks

[@csshahbazkhan2752]

Yes
Thanks & Regards
Contact 8982766623

[@shan_5663]

thank you so much for explaining

[@Komalsingh-cf3tj]

please sir tell me how to file ROC return

[@csshahbazkhan2752]

Yes
Thanks & Regards
Contact 8982766623

[@sadashivmandirsidhyogashra6235]

M very disappointed from vakilsearch more than 2 months are passed but still not getting my docs

[@vakilsearchonline]

We're very sorry to learn about your experience. Can you please help us with your ticket number? Our team will immediately contact you in this regard. To get immediate response, please reach out to us on WhatsApp at 7200365365.

[@sanketsingh2785]

If I want to register my llp at my home address is it possible

[@vakilsearchonline]

Please WhatsApp us at [phone] for free legal advice.

[@kaustav19921]

I have a question.. if i want to open a coorporation (A company having multiple business or charity).... will that come under the LLP as well ?

[@tommyjakks]

Kaustav Chowdhury yes

[@csshahbazkhan2752]

Yes
Thanks & Regards
Contact 8982766623

[@RalphNgOfficial]

Does anyone knows what is the consequences when one of the Partner want to quit in the business (LLP)?
Does the business has to close down when 1 of the 3 Partners want to quit while the other 2 stay in the business?

[@vakilsearchonline]

Please WhatsApp us at [phone] for free legal advice.

[@csshahbazkhan2752]

Yes
Thanks & Regards
Contact 8982766623

[@PraveenIN]

thanks

[@natwarlalrathi1390]

Please clear in hindi which is better