Service Overview & Statutory Framework
A Limited Liability Partnership (LLP) seamlessly blends the organizational flexibility of a traditional partnership firm with the limited liability shield and statutory standing of an incorporated corporate body.
The Ideal Balance for Professional Firms & Service Businesses
Governed by the Limited Liability Partnership Act, 2008, an LLP does not require minimum paid-up capital, operates under lower compliance mandates than private limited firms, and is not subject to corporate dividend distribution tax rules.
Comprehensive LLP Legal Onboarding
- Partner DPIN & DSC: Procuring digital credentials for designated partners.
- Name Approval: Reserving a distinct partnership brand name on MCAÔÇÖs LLP portal.
- FiLLiP Incorporation: Drafting and submitting the incorporation application along with registered office proofs.
- Custom LLP Agreement: Crucial drafting of the bilateral partnership deed specifying profit-sharing ratios, capital infusion, rights, obligations, dispute mechanisms, and exit clauses, followed by Form-3 filing.