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TMI BlogLLP vs Pvt Ltd: Registration Process and Compliance ComparisonX X X X Extracts X X X X X X X X Extracts X X X X ..... LLP vs Pvt Ltd: Registration Process and Compliance Comparison X X X X Extracts X X X X X X X X Extracts X X X X ..... LLP vs Pvt Ltd LLP Registration Process Obtain Digital Signature Certificate (DSC): Required for unique companions. Apply for a (DIN): For at least partners. Name Reservation: File RUN-LLP shape to reserve the LLP name. Incorporation Form (FiLLiP): Submit to the Ministry of Corporate Affairs (MCA) with the required files. LLP Agreement Filing: Submit Form 3 within 30 days of incorporation. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Pvt Ltd Company Registration Process Obtain DSC and DIN: Similar to LLP. Name Approval: File SPICe+ Part A for agency call reservation. Company Incorporation: Submit SPICe+ Part B with MOA (Memorandum of Association) and AOA (Articles of Association). PAN & TAN Application: Done routinely with incorporation. Certificate of Incorporation: Issued with the aid of the Registrar of Companies (ROC) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . Compliance Requirements: LLP vs Pvt Ltd LLP Compliance Annual Return (Form 11): Due by May 30 each year. Statement of Accounts (Form 8): Must be filed with the aid of October 30. Income Tax Return: Due by using July 31 for non-auditable LLPs and October 31 for audited ones. Less Stringent Audit Requirements: Only obligatory if turnover exceeds ₹40 lakh or capital exceeds ₹25 la ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... kh. Pvt Ltd Compliance Annual Return (MGT-7): Due within 60 days of AGM. Financial Statements (AOC-4): Must be filed within 30 days of AGM. Income Tax Filing: Mandatory regardless of turnover. Board Meetings: At least 4 according to the year. Statutory Audit: Mandatory, regardless of revenue. Conclusion The desire between LLP vs Pvt Ltd relies upon on business desires. LLPs are best for sm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... all corporations and expert services due to minimal compliance and bendy management.
Pvt Ltd companies are higher acceptable for groups searching for funding, scalability, and stricter corporate governance. X X X X Extracts X X X X X X X X Extracts X X X X
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