LIMITED LIABILITY PARTNERSHIP

LIMITED LIABILITY PARTNERSHIP

The perfect structure for professional services firms such as financial advisories and ad agencies. Find out all about Limited Liability Partnership Registration. Here is what our service includes:

Limited Liability Partnership (LLP) was first introduced in the Limited Liability Partnership Act of 2008. The reason it was introduced was to provide a form of businesses that was easy to maintain and it helped owners by providing them with limited liability.


LLP Registration Process



The LLP Registration Process is similar to the Private Limited Company incorporation procedure, except for a few minor things. The process is fairly simple and you can do it online. WIth Vakilsearch, you can get the entire process done in just 20 days. Our experts will guide you the necessities and all the things you need to know about LLP Registration.

VakilSearch can help you get your LLP Registration done in all leading metro cities of India. For your reference, a detailed explanation of the process is mentioned below.


The limited liability partnership has introduced into india by limited liability partnership Act 2008.


MAIN REQUIREMENTS OF THE LIABILITY PARTNERSHIP FOR LLP


1)Two persons are required for formation of the limited liability partnership.
2) Every LLP shall have required to have TWO DESIGNATED PARTNERS
3)AT least one of the designated partner shall have resident in india.


REGISTER AT JUST

Rs.7.500

(all inclusive)

LOWEST PRICE IN THE MARKET


ADVANTAGES OF LIMITED LIABILITY PARTNERSHIP



  • 1) LLP is a separate legal entity

    2) The is no requirement of minimum share capital in LLP as required in the private limited company and public limited company

    3) LLP requires minimum 2 partners and there is no limit on the maximum number of partners

    4) LLP do not have mandatory requirement of the TAX audit as required for private limited and public limited company

    The tax Audit is required only in the case of

    1)The contribution of the LLP does not exceed the 25 lacs

    2) The annual turnover of the company LLP does not exceed 40 lacs.


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