LLC Registration

The Limited Liability Company (LLC) is a corporate form that works on the limited liability. The individual shareholders have the option to classification as a partnership. One of the crucial advantages of Limited Liability Company (LLC) is that, for example, none of the partners is personally liable. So it is a fact that represents the short LLC Limited by the combination of limitation of liability, with a choice of treatment as a partnership, especially for investors from India, an interesting legal form. By the huge variety of design options for such contracts, the Limited is mostly in the area of small and medium application. The govern bodies and authorities have established general principles for the classification of LLC - Limited Liability Company. Thus, for example, that the tax treatment of the LLC based on the Indian tax code, which means that the shareholders have the right to choose to be classified as a partnership.

Abstain from the exercise this option, the Limited Liability Company is subject as an independent taxable entity then the corporation. Because of the double taxation of profits and the taxation of the profits of the shareholders without any credit facilities and the ability to offset losses against positive income of the Limited Partner, the partnership is therefore usually chosen. LLP registration will bring you with every advantage being as entrepreneur of limited company.

LLC Formation

For the tax treatment of the LLC in this country, it is crucial that the company will now be considered as a separate taxable entity, or as a partnership firm. The limited classified as a corporation under Indian law, the company is the taxpayer and therefore the shareholders are only liable for their dividends under Indian tax law. If the limited liability company under Indian law, but classified as a partnership, the profit calculated as the Limited Liability Company is to be allocated to the shareholders and taxed by them and the effecting of dividends is irrelevant. Thus, just log in to us where you will find details services in llc formation and limited liability company registration services.