Limited Liability Partnership is a separate legal entity from its partners and liability of each partner is limited to their contribution.
LLP has perpetual succession and contains salient features of Company and Partnership.
Easy to form LLP and registration cost is low in comparison to company formation.
LLP requires less disclosure and compliance requirement is less as compare to other entities.
No mandatory requirement of statutory audit upto a certain limit i.e. Turnover or Contribution.
No income tax charegable on profit distribution in partner’s hand.
A Limited Liability Partnership Firm is a better version of general partnership firm carrying additional advantageous features like protection of business name, partners having limited liability shield, business listing on registrar of companies, recognition under Startup India - Standup India scheme etc. LLP represents the business legal entity more professionally among your buyer personas as compare to normal partnership firm. Find out more.
Upload the Required Documents & Information to our web portal
Choose Package and Pay online with different payments modes available
We will apply for Digital Signature and Director Identification Number of proposed partners
Check for LLP’s Name availability, apply for LLP Name Approval.
Once name approved, file Incorporation documents.
Thereafter, obtain Certificate of Incorporation, apply for PAN &TAN.
Election Id Card
Rent Agreement + NOC
In a broader sense, LLP is a blend of the corporate body and partnership structure where the one partner is not liable to the action taken by the other. Moreover, Limited Liability Partnership (LLP) can participate in a contract and the rights and duties of the partners are governed through a legal entity. GST Registration is also essential for LLP and the partners have to submit the documents related to registration. Know more in detail about Frequently Asked Questions on LLPJuly 19, 2021/span>
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