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LLP Registration
Register your LLP, or Limited Liability Partnership Firm, with the help of our Taxteam. We, at Taxteam, provide eminent services for the online and offline incorporation of your company anywhere in India with just one call, email, or message.
LLP to be Incorporated under LLP (Second Amendment) Rules 2018
Limited Liability Partnership/LLP is a type of business structure that combines the essential characteristics of a partnership firm. The fundamental advantage of the LLP is limited liability, which means that only the LLP's assets would be used to cover its responsibilities. LLPs are often employed by small and medium-sized businesses, as well as business professionals such as law firms, accounting firms (CS, CA, and CMA), and wealth managers. Incorporation offers you professional stature, and registering your LLP's trademark allows you to protect your identity and prevent others from utilizing it.
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Years of Experience
Benefits
Benefits of Incorporation of LLP
01
Limited Liability
The LLP limits its responsibility. If the company experiences a financial crisis, it will use all of its assets to repay its loans.
02
Separate Legal Entity
LLPs are distinct legal entities. They can sue third parties and are liable only through their assets.
03
No Minimum Capital
You can incorporate an LLP without providing any paid-up capital.
04
Lower Cost and Compliance
LLPs incur lower registration and compliance costs compared to other company types.
Faq's
General frequently asked questions
Have questions? Our FAQ section covers common queries to help you find quick and clear answers.
Have Any Question ?
Yes, a foreign national or NRI can partner in an Indian LLP. They must follow FEMA requirements, and at least one partner must reside in India.
Yes, LLPs can be formed with no minimum capital requirement.
No, an LLP does not reimburse its partners for unpaid debts from their personal assets.
Two partners are required to incorporate an LLP, and at least one must reside in India.
Yes, a Foreign National or NRI can serve as a nominee in an LLP, subject to FEMA and LLP Act provisions.
Yes, manufacturers can register as an LLP in India, complying with relevant industrial and environmental regulations.
Testimonials
What Our Client Say's about us
Our Clients Say's About Us" reflects the positive feedback and trust our clients have in our services, demonstrating the impact we've made on their success
Know MoreIt was an overwhelming experience to have been associated with Taxteam. Mr. Thyagarajan and his team ensured that all our approvals were obtained on time and he was just a call away in case of any assistance required
They have adequate staff to attend to various set of customers. We would also like to reiterate that we have disciplined ourselves in some grey areas after associating with them due to their regular and periodical advice and support.
We are working with Taxteam for almost a Decade. Excellent team, timely follow-up on deliverables. Committed and dedicated CEO Mr.Thiyagarajan, very patient and humble person. Glad to be associated with Tax team
