To register a Limited Liability Partnership (LLP) a minimum of two persons are required over the age of 18 with one being an Indian citizen and resident.

LLP is one of the easiest forms of business to incorporate and manage in India. With an easy incorporation process and simple compliance formalities, LLP is preferred by Professionals, Micro and Small businesses that are family owned or closely-held. Since LLPs are not capable of issuing equity shares, LLP should be used for any business that has plans for raising equity funds during its lifecycle.

 

LLP Registration is a standard Process where 2 LLP Partners create an LLP Incorporation Entity with the limited liability and open a current bank account on the LLP Name & Start the business. Here partners have to pay the Government Fee & Professional Fee for the same.

Get a free consultation on LLP registration and business setup in India by with a ShriAssociates Advisor.