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    LLP Multiple Business Activities

    Posted By : Kamal / Published on : 24-Dec-2021 12:25 PM / View : 1072 / Comment : 1

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    Dear All

    Can LLP keep multiple business activities.

    Read more on : activities business multiple

    • Yes, an LLP (Limited Liability Partnership) can undertake multiple business activities under a single entity. Unlike a private limited company, an LLP is not required to have a specific object clause that defines the scope of its business activities. As per the LLP Act, 2008, an LLP can carry on any lawful business activity or profession, and can change its business activities from time to time by filing the necessary forms with the Registrar of Companies.

      Therefore, an LLP can engage in multiple business activities, either related or unrelated, as long as they are lawful and comply with the relevant laws and regulations. It is important for the LLP to ensure that all its business activities are properly recorded and accounted for, and that any required licenses, permits or registrations are obtained before commencing operations in a new business activity.

      28-03-2023 / 12:14:44 PM
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