Incorporation Services

Limited Liability(LLP)

Limited Liability(LLP)

A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore exhibits elements of partnerships and corporations.

Requirements for Registration

  • Minimum two members
  • No requirement of minimum capital
  • DPIN for all the Directors
  • Agreement copy
  • PAN Card of LLP

LLP Registration

 

Benefits

  • More flexible
  • No maximum limit for the number of partners
  • Funds can be bought and utilized
  • Exempt from Dividend Distribution Tax (DDT)

Documents Required by Directors

  • PAN Card of the Partners
  • Address Proof of the Partners
  • Utility Bill of the proposed Registered Office of the LLP
  • No-Objection Certificate from the Landlord
  • Rental Agreement Copy between the LLP and the Landlord
  • Obtain digital signature for the partners.
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