Limited Liability Partnership (LLP) Registration

Limited Liability Partnership (LLP) Registration

LLP is an alternative business organisation type that offers the benefits of LIMITED LIABILITY of a Company form AND the FLEXIBILITY of a Partnership form.

LLP is a LEGAL ENTITY separate from its partners and have PERPETUAL SUCCESSION even when partners changes, whereas Traditional Partnership gets dissolved in the event of changes in partners.

LLP is fully liable to the extent of its assets but liability of partners is limited to their agreed capital contribution.

LLP contains elements of both ‘a corporate structure’ as well as ‘a partnership firm structure’, hence is called a HYBRID between a company and a partnership.

Why Limited Liability Partnership (LLP)?

  • Lower formation cost
  • Lower compliance cost
  • Limited Liability of partners
  • Flexibility of operations
  • Taxation benefits
  • No compulsory audit requirement
  • Easy winding up process

Conclusion :

LLP with lots of benefits is BEST suited form of business structure for STARTUPS.

Begin – Start with lower Registration and compliance cost

Operate – Operate with flexibility

Grow – Trusted for Investment by Angel Investors and VCs

Limited Liability Partnership (LLP) Registrations Packages

  • Basic
  • Rs. 6900
  • 2 Digital Signature Certificates (DSCs)
  • 2 DIN Application
  • LLP Name Reservation
  • LLP Incorporation
  • LLP - PAN & TAN Application
  • LLP agreement
  • Sign Up
  • Standard
  • Rs. 9400
  • All in Basic Package +
  • Stamp Duty Payment
  • GST Registration
  • Shop Act Licence
  • MSME Registration
  • Sign Up
  • Premium
  • Rs.17850
  • All in Standard Package +
  • 1st F.Y GST Returns filing (Standard Package)
  • 1st F.Y Income Tax Return filing for upto turnover of Rs.50 lakh
  • Sign Up
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