Partnership is a relation amongst the partners who have agreed to share the profit of business carried on by all or any one of them acting for all.” The firms are governed by the Indian Partnership Act, and the duties of partners and rights to operate with each other and third parties are governed through the same.
As a reputable firm of Chartered Accountants in Delhi, we have years of experience in helping our clients in Partnership registration. Since the time of enquiry to arranging documents till submitting these online, we get in touch with you in the entire journey and guide you properly at every step until you can complete all.
When it comes to forming partnerships, it’s less tedious than registering other forms of business. With less obligation, compliance needs are also minimum for Partnerships. Here are steps you need to go through to start your Partnership Firm.
The process to register a Partnership firm can seem to be a bit complex and time-consuming. This is why to help you do the job successfully VJM & Associates LLP keeps an expert pool of professionals specialized in registration of company. We are committed to helping startups, proprietors and entrepreneurs to register a Partnership firm.
Your search for expert in GST for the representation under GST comes to an end as soon as you reach VJM & Associates LLP. We have years of experience and exposure for representation to authorities at various levels. We have expertise in solving various issues related to a dispute between tax authorities and supplier under the GST.
Client is the key driver of our service offerings. Our approach to service offerings is based on a client centric and customized approach. Our specialized teams are a mix of technical and industry experience in order to serve clientele for their specific needs.
We always endeavour for a quick turnaround time to serve our clientele. We are supported by an experienced and client focussed support teams to offer timely services to our clientele. In case of any business exigencies and time sensitive service requirements, you can always count on us.
We have built high performing teams supported by strong work ethic. Our team is a mix of experts, professionals and support staff from technical and varied academic, cultural, social and ethnic backgrounds. We believe that this diversification plays a vital role in motivating the team into High Performing Teams.
We believe that open communication is the core principle in order to demonstrate trust, build long lasting and valuable relationships with clientele. We are committed to ensuring transparency in communication, service offerings and delivery.
Our service offerings are driven by quality and reviews at every level. We strive to provide a qualitative and value-added delivery to our clientele. At all times, we endeavour to provide exceptional client service by meeting client expectations and driving client satisfaction.
Employee Stock Option Plan (ESOP) is one of the old methods of acknowledging the contributions of employees in the company by giving them certain ownership in the company. Traditionally, ESOPs were issued to the senior employees of the companies to acknowledge their contribution in building companies.
OPC is one of the most opted forms of business as it gives all benefits of a private company such as limited liability, separate legal entity, better recognition, legal protections, more market accessibility, credits, etc.
CSR brings positive change to society and also builds customers’ trust as consumers feel that they are using the product or service of a socially responsible company and they feel attached and become supportive. In India, CSR spending constitutes up to 28% of philanthropic giving which is invested in education, livelihoods support, health sectors, etc.
Limited Liability Partnership is a new concept as compared to Companies and still it is one of the most used forms of business. With emerging use of Limited Liability Partnership (LLP), government is amending provisions of Limited Liability Partnership Act to bring the same in sync with business requirement. Government is also aligning provisions of the LLP Act with Companies Act as limited liability is a common feature in both forms of business.
Guidelines of professional conduct: Independent directors are part of the board itself and various committees like audit committee, risk management committee, etc, and hence, a participators in major working and decisions of a company relating to financial statements or financial transactions or legal and regulatory compliances, etc.
Foreign Direct Investment (FDI-LLP) in Limited Liability Partnerships (LLP) formed and registered under the Limited Liability Partnership Act, 2008 is governed under Foreign Exchange Management (Non-debt Instruments) Rules, 2019 which have superseded Foreign Exchange Management (Transfer by Issue of Security by a Person Resident outside India) Regulations, 2017 vide Notification S.O. 3732(E) issued by Ministry of Finance (Department of Economic Affairs).
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