Combine the benefits of a partnership and a company with an LLP. Enjoy limited liability protection and operational flexibility. Get your LLP registered with our expert assistance.
An LLP is a corporate business vehicle that enables professional expertise and entrepreneurial initiative to combine and operate in a flexible, innovative, and efficient manner, providing benefits of limited liability while allowing its members the flexibility for organizing their internal structure as a partnership.
Partners are not liable for each other's misconduct or negligence. Liability is limited to their agreed contribution.
The rights and duties of partners are governed by the LLP agreement, offering great flexibility in management and operations.
An LLP is a separate legal entity from its partners, having perpetual succession, just like a company.
Select the package that best fits your business requirements
We've simplified the LLP registration process to get you up and running in no time.
Please provide the following documents for a smooth and quick registration.
Find answers to common questions about Limited Liability Partnerships.
An LLP must have at least two partners, and at least two of them must be designated partners. There is no maximum limit on the number of partners.
Yes, an existing partnership firm can be converted into an LLP by complying with the provisions of the LLP Act. This allows the firm to retain its identity and goodwill.
An audit is mandatory for an LLP only if its turnover exceeds ₹40 lakh or its contribution exceeds ₹25 lakh in any financial year.
The LLP Agreement is a crucial document that defines the rights, duties, and mutual relationship between the partners and the LLP. It must be filed with the MCA within 30 days of incorporation.