GET STARTED AT 10,999 All Inclusive
LLP stands for limited liability partnership. LLP can be defined as a combination of a company and partnership which incorporates the good points of both so as to facilitate the business. A partner is liable only for his act and only to the extent of his contribution of its capital. LLP needs at least two designated partners while incorporation. However, there is no limitation as to the maximum number of partners in an LLP. LLP has perpetual succession.
Provide required document so that we can provide DIN and DSC
"Details provided by you will be verified and then we shall apply for name approval."
"We will create all the required documents and file them with ROC on your behalf."
"Once your LLP is incorporated, we shall send you all the documents and DSCs."
1There is no requirement of minimum contribution.
2 The LLP shall continue to exist and it does not affected by the death of a director.
3 A LLP exists as a separate legal entity from your personal life.
4 An LLP only requires audited annual returns to be filed if it has a turnover of greater than Rs. 40 lakh or capital contribution of over Rs. 25 lakh.
5 No limit on owners of business.
6 Lower Registration Cost in comparison to private limited company.
7 LLP are taxed at a lower rate as compared to Company. Moreover, LLP are also not subject to Dividend Distribution Tax as compared to company, so there will not be any tax while you distribute profit to your partners.
8As a juristic legal person, a LLP can sue in its name and be sued by others. The partners are not liable to be sued for dues against the LLP.