Hello,
1.Is the formation of LLC authorized in India?
2.If yes, state what is the procedure to start?
3.Do you agree if I am saying LLP and LLC are the same?
Kindly answer.
5 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 03 February 2023
LLC and LLP are not same , LLP means " Limited Liability Partnership " , Governed by LLP Act 2008 . No such LLC formation in India, like in other countries.
Sindhuja Sivaraman
(Student)
(115 Points)
Replied 03 February 2023
Thank you for your reply.
But Why they are not allowing to form?
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 03 February 2023
Are you non resident Indian?. if yes , stays in which country?.
Sindhuja Sivaraman
(Student)
(115 Points)
Replied 03 February 2023
No
I am asking just to clarify the reason.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 03 February 2023
Https://www.doola.com/blog/llc-india?gclid=CjwKCAiA_vKeBhAdEiwAFb_nrZ4ndbiuGswz5Bf3gxrWraxtw5XNKHmQybXvPble4-O-RQe22zpg0hoCRDYQAvD_BwE
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