Posts

Showing posts from September, 2023

LLP registration for NRI and Foreign Nationals

Image
Introduction of LLP registration: Limited Liability Partnership (LLP) registration is a legal process that allows individuals or businesses to form a partnership with limited liability for the partners involved. LLPs combine elements of both traditional partnerships firm and corporations, providing partners with limited liability protection while allowing them to participate in the management of the business. The steps involved in registering in LLP : • Choose a Name • Registered Office • Designated Partners • Digital Signature Certificate  • DIN and DPIN • LLP Agreement • File Incorporation Documents • Payment of Fees • Verification • PAN and TAN • Bank Account • Compliance Defination  NRI: The term "NRI" stands for "Non-Resident Indian." An NRI is an individual who is an Indian citizen by birth, descent, or through other qualifying criteria but is currently residing outside of India. In other words, an NRI is an Indian citizen who temporar