Documents required for LLP registration for small business

There are certain requirement for LLP registration for Small Business which are required to keep in mind;

There is no minimum capital requirement
Your personal assets are safe in case of business debts
No taxing until there is a minimum turnover, only annual income tax returns filed
You being the owner, can manage the company, it is not the case in certain big corporations, the owners choose different people to manage the company generally, this is not compulsory , this is as per the business structure of big corporation which is known as in legal terms- Private Limited Company.

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