Limited Liability Partnership (LLP) Formation

The Partners Have Limited Legal Liability

Ease of Formation

Fewer Compliance Requirements

36 %

Documents Required

PAN Card, Address Proof, Residential Proof, Electricity Bill for Address of the Company, Passport size photo of all Proposed Directors

Work Time Frame

It usually takes 14 rorking days to complete Limited Liability Partnership Formation Procedure.

Plan Includes

DSC of Two Partners, DIN Number, Certificate of Incorporation, PAN & TAN of the Incorporated LLP.

Optional Attachment
Optional Attachment
Optional Attachment

In case documents & information are required for completing the work, it will be collected from you after successful order placement

Advantages of Limited Liability Partnership (LLP) Formation

Limited liability

The liability of the partners is limited to the extent of his/her contribution to the LLP.

Fewer Compliance

An LLP is much easier and cheaper to run than a private limited company as there are just three compliances per year.

Flexible Agreement

The partners are free to draft the agreement as they please, with regard to their rights and duties.

Rights of partners

An LLP can be structured in such a way that one partner has more rights than another.

Easy to Wind-Up

ot only is it easy to start, it’s also easier to wind-up an LLP, as compared to a private limited company

Refer this to a Friend

Did you know

The Limited Liability Partnership (LLP) integrates the ease of running a Partnership along with the the separate legal entity status and limited liability aspects of a company. What’s more is that such an entity has minimal compliance requirements.