Limited Liability Partnership

Incorporate your Limited Liability Partnership

Starting at Rs.8587 /- + Service Tax

Want to Register "Limited Liability Partnership"

Write to our advisors at info@msmehelpline.com or SMS “MSME” at 56161 for Limited Liability Partnership. Our advisors will call you shortly.

Regular

Our regular package includes the followings:

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@msmehelpline.com or SMS “MSME” at 56161 to form Limited Liability Partnership. Our advisors will call you shortly.

Rs.8587/-

+ Service Tax

Premium

Our premium Package includes the followings:

Our premium package includes all the essentials to start the Limited Liability Partnership. It includes 3 Digital Signature Certificates, 3 DIN, Partnership Deed, Name approval, PAN, TAN. Write to our advisors at info@msmehelpline.com or SMS “MSME” at 56161 to form Limited Liability Partnership. Our advisors will call you shortly.

Rs.9660/-

+ Service Tax

About Limited Liability Partnership

Limited Liability Partnership (LLP) has been introduced in India in 2009 and it is governed by The Limited Liability Partnership Act, 2008.

A Limited Liability Partnership combines the advantages of both the Company and Partnership into a single form of organization. It operates like a limited partnership, but in a LLP each member is protected from personal liability, except to the extent of their capital contribution in the LLP. In an LLP, one partner is not responsible or liable for another partners misconduct or negligence.

Documents Required

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

Benefits of Limited Liability Partnership

Limited Liability:

First and foremost benefit of trading/doing business via LLP is the limited liability conferred upon the partners. As a sole trader or partnership business, personal assets of the proprietor or partners can be at risk in the event of a failure of the business, but this is not the case for an LLP. Unlike proprietorship and partnership, if an LLP becomes insolvent and is wound up, only the assets of the LLP are used to clear its debts. The partners of LLP have no personal liabilities and are not made bankrupt and are free to operate as credible businessmen.

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

Frequently Asked Questions (FAQs)