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About Limited Liability Partnership

Limited Liability Partnership (LLP) came into force in 2009 and it is regulated by The Limited Liability Partnership Act, 2008.

A Limited Liability Partnership is the hybrid form of business which carries the advantages of both the Partnership and Company into one single form of organization. In LLP, the liability of the Partners is limited to the extent of their capital contribution. Under LLP, one partner is not responsible or liable for misconduct or negligence of other partners.


Document Required

  •  No Objection Certificate (NOC) from the owner
  •  Pan Card of Partners
  •  Address proof of Partners
  •  Photographs of Partners

Benefits

Limited Liability

The most important benefit of the doing business through Limited Liability Partnership is the limited liability of the partners. Under Proprietorship or Partnership firm, in case the business fails of becomes insolvent, the personal assets of the proprietor or partnership are at risk. However, in case of LLP, if the business fails or becomes insolvent, the liabilities of the LLP is paid through the assets of the LLP only.

No Audit Requirements

Audit is not required unless capital exceeding Rs. 25 lakh or turnover exceeding Rs. 60 lakh.

Legal Entity

LLP is a separate legal entity separate from its partners

Basic

Rs.9200/-
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Our regular package includes all the essentials to start the Limited Liability Partnership.

It includes

2 Digital Signature Certificates, 2 DIN, Partnership Deed, Name approval, PAN, TAN

Write to our advisors at info@filingsamadhan.com or Our advisors will call you shortly.

Premium

Rs.10350/-
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Premium package includes the followings which are essentials to start the Limited Liability Partnership.

It includes the following:-

Three Digital Signature Certificates

Three Directors Identification Number (DIN)

Limited Liability Partnership Deed

Name approval of the LLP

PAN

TAN

For any query, please write to experts at info@filingsamadhan.comor Our experts will call you shortly.

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