Incorporate an LLP under the Limited Liability Partnership Act, 2008. Enjoy dual advantages of partnership flexibility and corporate limited liability with lower compliance overheads.
Fill in your details for Limited Liability Partnership (LLP) Incorporation.
A Limited Liability Partnership (LLP) governed by the LLP Act, 2008 combines the operational flexibility of a traditional partnership with the corporate safety of limited liability. Perfect for co-founders, professional consultants, and service agencies seeking lower compliance overheads.
Partners are not personally liable for company debts or another partner’s misconduct or negligence.
No mandatory statutory audit unless annual turnover exceeds ₹40 Lakhs or capital contribution exceeds ₹25 Lakhs.
Partners enjoy complete freedom to draft custom profit sharing, decision-making, and partner exit terms.
Profits distributed among designated partners are tax-exempt in partner hands, avoiding double taxation.