Limited Liability Partnership (LLP) Firm Regitration -AccountingEra

Services- Limited Liability Partnership (LLP) Firm

Limited Liability Partnership (LLP) Firm

A Limited Liability Partnership (LLP) in India is a business structure that blends the ease of a partnership with the advantage of limited liability similar to a company.

It is regulated under the Limited Liability Partnership Act, 2008 and is recognized as a separate legal entity, meaning the personal assets of its partners are safeguarded against the liabilities of the business.

Key Features & Requirements

Liability: Partners are responsible for business losses only to the extent of the amount they have invested, and their personal assets are not exposed to the company’s risks.
Structure: It must have a minimum of two partners to start, and there is no maximum limit on how many partners it can have.
Compliance: It involves fewer compliance requirements than a Private Limited Company, and an audit is not compulsory if the turnover is below ₹40 lakhs or the capital contribution is under ₹25 lakhs.
Taxation: LLPs are typically taxed at a flat rate, which can be more tax-efficient than companies, and they are not subject to Dividend Distribution Tax (DDT).
Capital: There is no requirement to start with a fixed minimum amount of capital.

Document Requirements

PAN Card mandatorily required for all Indian partners.
Aadhaar Card, Passport, Voter ID, or Driver's License as address proof.
Bank statement, electricity bill, or phone bill (not older than 2 months) as residence proof.
Passport-sized photographs of all partners.
No Objection Certificate (NOC) from the property owner.
Digital Signature Certificate (DSC).
LLP agreement.
Consent letters.
DIN issued by the MCA.

AccountingEra has completely streamlined our accounting and compliance processes. Their team is proactive, detail-oriented, and always available to guide us through complex regulations. We now operate with greater financial clarity and confidence. Highly recommended for growing businesses.

Amit Kumar

Business Owner

Working with AccountingEra has been a game-changer for our business. From GST filings to financial advisory, everything is handled with precision and transparency. Their practical approach and timely execution give us complete peace of mind.

Dinesh Kumar

Partner - Tech Company

AccountingEra is more than just a consulting firm — they are a strategic partner in our growth journey. Their financial insights and compliance support have helped us make better decisions and stay ahead of regulatory requirements.

Deepak K

Product Manager

Don't hesitate to contact us any time.

CALL US

Limited Liability Partnership (LLP) Firm

Key Features & Requirements

Document Requirements

Don't hesitate to contact us any time.

+91 99115 67619

Derawal Nagar, Delhi

Email Us