Limited Liability Partnership LLP benefits LLP features LLP benefits LLP features LLP registration process

What is LLP?

Limited Liability Partnership (LLP) is a hybrid business structure that combines the flexibility of a partnership with the limited liability features of a company. Governed by the LLP Act, 2008, it is an ideal choice for various professionals, including those seeking assistance from DGFT Advance License Consultants or Duty Drawback Claim Consultants.

Key Features:

• Minimum 2 Partners Required (No Maximum)

• Limited Liability Protection for Partners

• Separate Legal Entity

• Flexible Profit Sharing

• Lower Compliance vs Company

• No Minimum Capital Requirement

• Perpetual Succession

Benefits:

✓ Limited Liability Protection

✓ Easy to Manage & Operate

✓ Lower Compliance Costs

✓ No Dividend Distribution Tax

✓ Professional Credibility

✓ Flexible Internal Structure

✓ Lower Audit Requirements

✓ Ideal for Professional Services like Tax Consultant in Ghaziabad and Financial Strategy GST Compliance Services for MSMEs.

Documents Required:

For Partners:

• PAN Card of All Partners

• Aadhaar Card of All Partners

• Address Proof

• Passport Size Photographs

• Email ID & Mobile Number

• Digital Signature Certificate (DSC)

For LLP:

• Registered Office Address Proof

• Rent Agreement (if rented)

• No Objection Certificate from Owner

• Utility Bill (Electricity/Water)

Our Services Include:

• Digital Signature Certificates (DSC)

• Designated Partner Identification Number (DPIN)

• Name Approval Application

• LLP Agreement Drafting

• Incorporation Certificate

• PAN & TAN Application

• GST Registration Support

• Virtual CFO Services for Startups India to enhance business operations.

Timeline: 10-15 working days

Pricing: Contact us for competitive pricing tailored to your needs.

Designated Partners:

• At least 2 Designated Partners Required

• Must be Individuals (Natural Persons)

• At least 1 Must be Resident Indian

• Responsible for Compliance

Compliance Requirements:

• Annual ROC Filing (Form 11 & Form 8)

• Income Tax Return Filing

• Maintain Books of Accounts

• Audit (if turnover > ₹40 lakhs or capital > ₹25 lakhs)

• GST Returns (if applicable)

Why Choose LLP?

Ideal for:

• Chartered Accountants

• Lawyers & Advocates

• Consultants & Advisors

• Architects & Engineers

• IT & Software Services

• Startup Professionals

• Service-based Businesses

LLP vs Private Limited:

| Aspect | LLP | Pvt Ltd |

|--------|-----|---------|

| Members | Partners | Shareholders |

| Liability | Limited | Limited |

| Compliance | Lower | Higher |

| Taxation | No DDT | DDT Applicable |

| Funding | Difficult | Easier |

| Best For | Services | Product/Scale |

Get Started Today!

Contact us for complete LLP registration and annual compliance support.