Combine the flexibility of a partnership with the limited liability of a company. Perfect for professionals, service providers, and growing teams.
Unlike traditional partnerships, partners are not personally liable for the debts of the LLP. Your personal assets are safe.
An LLP can be formed with any amount of capital. There is no mandatory minimum capital requirement under the LLP Act.
Statutory audit is not mandatory for LLPs until turnover exceeds ₹40 Lakhs or capital contribution exceeds ₹25 Lakhs.
We handle the entire process with the Ministry of Corporate Affairs so you can start operating without delay.
A Limited Liability Partnership (LLP) offers the limited liability of a company combined with the flexibility of a traditional partnership. It's ideal for non-fundable professional businesses.
Chartered Accountants, Lawyers, Architects, and Consulting firms seeking a formal partnership structure.
Family-run trading or manufacturing businesses looking for lower compliance burdens than a Pvt Ltd.
Two or more companies joining hands for a specific project can form an LLP to limit project-specific risks.
Founders who want to avoid the strict audit and board-meeting compliances required by the Companies Act.
We obtain Designated Partner Identification Numbers (DPIN) and secure your LLP name.
We file the main incorporation form containing partner details and registered office proofs.
We professionally draft the crucial LLP Agreement detailing profit-sharing and operational rules.
Within 30 days of incorporation, we file Form 3 to officially link the signed agreement with the MCA.
While an LLP is cheaper to run than a Private Limited Company, the MCA enforces brutal late fees for LLP compliances. If you fail to draft and file the LLP Agreement (Form 3) within exactly 30 days of incorporation, you will be hit with a continuing late penalty of ₹100 for every single day of delay, with no maximum cap.
Partner with CA SANDEEP ASHISH & CO. to start your business smoothly and securely.
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