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Limited Liability Partnership Registration


LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. The LLP can continue its existence irrespective of changes in partners. It is capable of entering into contracts and holding property in its own name. The LLP is a separate legal entity, is liable to the full extent of its assets but liability of the partners is limited to their agreed contribution in the LLP. Further, no partner is liable on account of the independent or un-authorized actions of other partners, thus individual partners are shielded from joint liability created by another partner’s wrongful business decisions or misconduct. Mutual rights and duties of the partners within a LLP are governed by an agreement between the partners or between the partners and the LLP as the case may be. The LLP, however, is not relieved of the liability for its other obligations as a separate entity.Since LLP contains elements of both ‘a corporate structure’ as well as ‘a partnership firm structure’ LLP is called a hybrid between a company and a partnership.

5 Simple Steps

to Start Limited Liability Partnership in India


1
Arrange basic documents of Partners
2
GSTSamadhan will apply for DSC & DIN of Partners
3
GSTSamadhan will apply for name approval
4
GSTSamadhan will prepare all statutory documents of compnay and file the same
5
Get your Company Incorporation Certificate

Advantages & Benefits


Why to Register Limited Liability Partnership

Minimum Compliance

LLP comes with all the benefits of private company but with minimum statuary compliances and it is best for startups.

Easy Fund Raising

LLP enjoy greater confidence of investors and financial intitutions as compare to other form of business entity.

Stability & Growth

Runninig bussiness as LLP is more stable and create growth opportunities as compare to other form of business entity.

Protects Personal Liability

In LLP partners are not personally held liable for the work of LLP and unlike partnership firm personal assets of partner not attached with LLP.

Minimum Requirements


Minimum 2 Partners.
KYC of Partners
Registered Office.
Registered Office Proof
Identity Proof
Address Proof
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