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A Limited Liability Partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. In general terms LLP is a fusion of traditional Partnership Firms and a Limited Company. The partners have limited liability in the company which means that personal assets of the partners are not used for paying off the debts of the company.  Among the partners, there should be a minimum of two designated partners who shall be individuals, and at least one of them should be resident in India. LLP has lower legal compliances level as compared to any type of limited companies.

Process of Registration as LLP

  • Firstly it requires Digital Signatures of all the first subscribers of the LLP
  • Next step is to apply for Director Identification Number (DIN) for all the proposed Directors.
  • Select Unique Name for your LLP, and get it approved by The Ministry of Corporate affairs (MCA).
  • After getting above process done, then it comes to prepare the draft documents like Memorandum of Association, Article of Association and all other supporting documents.
  • Final Submission of Application form for Incorporation of the LLP.
  • After Incorporation Deed will be prepared and filed with MCA.
  • After incorporation obtain PAN and TAN
  • Services

    Tax planning

    Tax planning is the analysis of one's financial situation from a tax efficiency point of view so as to plan one's finances in the most optimized manner.

    GST registration

    For GST, the term Aggregate Turnover implies all provisions made by the assessable individual whether all alone or sake of a foremost.

    Return filing

    A tax return is a form(s) filed with a taxing authority that reports income, expenses, and other pertinent tax information.