Registration & Licensing Practice Area

LLP Registration

Incorporation of Limited Liability Partnerships for flexible corporate structures.

Statutory Provisions & Governing Mandates

MCA / Labour
LLP Statutory Incorporation
Limited Liability Partnership Act, 2008 (Sec 11 & 12)
MCA / Labour
Statutory Audit Threshold
Rule 24(8) (>₹40L Turnover / >₹25L Capital)

Practice OverviewView Statutory Rates

A Limited Liability Partnership (LLP) is a modern corporate vehicle that perfectly blends the professional flexibility of a traditional partnership with the crucial advantage of limited liability found in private companies. In an LLP, one partner is not responsible or liable for another partner's misconduct or negligence.

LLPs are highly favored by professional firms, real estate ventures, and closely-held businesses because they significantly reduce the rigorous annual compliance burden of the Companies Act while maintaining a distinct, credible corporate identity.

Key Capabilities & Statutory Deliverables

Limited Liability Shield

The personal assets of the partners remain completely protected. Your liability is strictly limited to your agreed contribution to the LLP, insulating you from business debts.

Separate Legal Entity

Unlike a traditional partnership, an LLP has its own legal existence separate from its partners. It can own property, incur debts, and enter contracts in its own name.

Reduced Compliance Burden

LLPs are exempt from holding mandatory board meetings and are only required to undergo a statutory audit if their turnover exceeds ₹40 Lakhs or capital contribution exceeds ₹25 Lakhs.

LLP Agreement Drafting

The LLP Agreement dictates the entire operational framework. We draft exhaustive agreements covering management rights, capital structures, and exit protocols.

Interactive Statutory Calculators

Simulate liabilities in real time under Income-tax Act, 2025 and prevailing tax frameworks.

Related Practice Areas

Statutory Calculators

Document Readiness

Limited Liability Partnership (LLP) Setup

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