Closing the Limited Partnership.

The General Partner can choose to cease the business operations; or Dissolution of Limited Partnership (LP). The dissolu...

If Limited Partnership is not renewed? Failure to renew the Limited Partnership?

The Registrar can cancel registration if the Limited Partnership is not renewed or where Registrar is satisfied that the...

The Partners or corporate bodies of the LP can be changed hence the ownership structure will automatically change.

Existence is subject to the partnership agreement. If there is no limited partner, the LP registration will be suspended...

Yes. GST registration is subject to meet out the criteria and if the Partnership meets the criteria then it is allowed o...

The profits derived from Limited Partnership (LP) Firm is taxed at the Partner’s personal income tax rates for individua...