Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a globally recognized business structure that combines the flexibility of a partnership with the limited liability benefits of a company. Introduced in India under the Limited Liability Partnership Act, 2008, it offers a modern and efficient way to run a business.
An LLP requires a minimum of two Designated Partners and an LLP Agreement to commence operations. With comparatively fewer compliance requirements than companies, LLPs are highly suitable for startups, MSMEs, and professionals. It is often the preferred choice for young and first-generation entrepreneurs due to its simplicity and flexibility.
We offer comprehensive LLP services, including:
- Obtaining DIN and Digital Signatures for Partners
- Name reservation and approval for LLP
- Incorporation of LLP
- Drafting and vetting of LLP Agreements
- Conversion of Company or Partnership Firm into LLP
- Annual compliances and filing of returns and financial statements
- Advisory and execution of restructuring, including partner changes and capital restructuring
- Taxation-driven restructuring guidance
- Event-based compliances such as change of name or registered office
- Assistance with FDI in LLP and complete FEMA/RBI compliances
With our expert guidance, managing and growing your LLP becomes seamless, compliant, and future-ready.
