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Karan Thakkar

Latest Posts by Karan Thakkar

Post Incorporation Tax & Legal Compliances for Private Limited Companies

June 4, 2021 2799 Views 3 comments Print

Running a company smoothly is a difficult task! Handling finances and meeting various statutory compliances is no exception. Post – incorporation, a company must comply with various mandatory compliances under different laws. In case of non-compliance, strict penalties, interest, fines, and fees are imposed. As a quick reference, I have broadly listed major legal compliances […]

A Comprehensive Analysis of Limited Liability Partnerships (LLPs): Advantages, Disadvantages, Taxation & Steps to Incorporate an LLP

May 31, 2021 32766 Views 1 comment Print

1. Brief Overview What is a Limited Liability Partnership (LLP)? An LLP is a form of business organization that has become popular among entrepreneurs as it gives the benefits of a private limited company (such as limited liability and separate legal entity) along with flexibility offered by a traditional partnership firm. Thus, it combines the benefits of both […]

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