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Limited Liability Partnership (LLP)

What is Limited Liability Partnership (LLP)? LLP stands for Limited Liability Partnership. It is an alternative corporate business form which offers the benefits of limited liability to the partners at low compliance costs. It also allows the partners to organize their internal structure like a traditional partnership. A limited liability partnership is a legal entity, […]
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FORM DIR-3 E-KYC (Application for KYC of Directors)

What is DIR-3 E-KYC? DIR–3 Form was previously used in order to obtain Director Identification Number. Since the new company incorporation rules are introduced, DIN is automatically issued under SPICe Form. DIR-3 eKYC is introduced by Ministry of Corporate Affairs to conduct KYC (know your customer) verification for Directors of all companies. Such filing is […]
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Overview of Private Limited Company

What is Private Limited Company? A private limited company is a company privately held for small businesses. This type of business entity limits owner liability to their shareholdings, the number of shareholders to 200, and restricts shareholders from publicly trading shares. According to that, private companies are those companies whose articles of association restrict the […]
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