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Limited Liability Partnership


Limited Liability Partnership

Start your Business as a Limited Liability Partnership Firm

Limited Liability Partnership (LLP) is a partnership concern that limits the personal liabilities of partners. In India, the LLP is regulated by the Limited Liability Partnership Act, 2008 and Ministry of Corporate Affairs. In terms of compliance and operational requirements, LLPs are much more balanced in nature as compared to regular partnership firms and private companies.

Attributes of a Registered Limited Liability Partnership Firm
  • Liability of partners is restricted
  • Eligible to avail Startup India scheme
  • Separate legal existence than its partners
  • Combined traits of partnerships and companies
  • Expensive to maintain than regular partnership firms
  • Predefined deed with objectives, rights and obligations
  • Greater Operational requirements than regular partnerships
  • Lower Compliance requirements than private limited companies

Pre-requisite Documents required for Registration
  • Photograph of all partners
  • PAN Card copy of all partners
  • ID Proof copy of all partners
  • Address Proof copy of all partners
  • Digital Signature of partners
  • Address Proof copy of firm
  • Limited liability partnership agreement

Our Registration Process Inclusions
  • Registration related consultancy
  • Collection of basic information and documents
  • Obtaining DIN and Digital Signatures
  • Attaining approval for LLP Name
  • Drafting LLP agreement and documents
  • Obtaining Pan Card of firm for filing process
  • Stamp and Notarization of necessary documents
  • Preparation and filing of registration forms
  • Procurement of certificate of incorporation

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