LLP Registration

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    Empowering Entrepreneurs

    WHAT IS LLP?

    LLP partnership means limited liability partnership which is governed by Limited Liability Partnership act 2008.In this all the partners have limited liabilities. I exhibits the elements of both partnership as well as cooperation. In LLP each partner is not liable for another partners’ misconduct or negligence unlike, traditional unlimited partnership under partnership act 1890 in which each partner is severally and jointly liable. Due to this feature of limited liability investors wish to take an active role in management.

      It requires minimal maintenance. The directors of a private limited company to creditors. In case of default, banks/creditors can only sell company’s assets and not personal assets of directors. The LLP is cheaper to incorporate than a private limited company, requires fewer  compliances and can be a smart choice from tax perspective. However if you are looking to raise venture capital or attract talent with employee stock options, private limited is the only way to go as LLPs cannot easily accommodate it.

    Advantages


    • Due to its dual advantage of company as well as partnership it is beneficial.
    • No partner will be responsible for other partners’ negligence or misconduct.
    • Cheaper to incorporate than a private limited company.
    • Limited liability
    • No risk of loosing personal assets
    • Reduced compliance
    • Tax advantages such as dividend distribution tax and tax surcharge don’t apply.

    Disadvantages


    • Public disclosure of accounts.
    • All the profits earned is effectively distributed with no flexibility to hold over profit to a future tax.

    FAQs

    Any individual can become a LLP partner who is above 18

    Yes, an NRI can also become a partner in LLP

    Yes, you can register your LLP at residential address

    DOCUMENTS REQUIRED


    • Copy of PAN card or passport
    • Copy of voter id
    • Copy of latest bank statement/mobile bill/electricity bill
    • Passport sized photograph
    • Specimen signature
    • Copy of notarized rental agreement
    • Copy of no objection certificate from owner

    Why Choose Us?

    4 reasons why customers love us…


    • Unbeatable Price
    • Complete Service
    • 5 ways to raise complains
    • Dedicated Expert

    LLP Registration

    8,501
    • Starting Price

    LLP Registration

    13,501With Website
    • Starting Price

    LLP Registration

    25,501With Website & CRM Software
    • Starting Price

    Here are some amazing facts about our company

    5000

    Business Registered

    2500

    Business Managed

    6000

     Startup Assisted

    5

     Years of Experience

    500

    Trademark Registered