MSME eSeva Kendra

LLP Registration

“LLP states Limited Liability Partnership and it is governed by the Limited Liability Partnership Act, 2008. It has got limited liability to the partners. In case of LLP, there are two partners involved, where there is no minimum limit of capital investment and one must be resident of India, i.e., he must be staying or have stayed for 182 days in India. LLP is often done for the small type of businesses in India. However, a LLP due to its nature does not allow to issue equity shares, thus it cannot raise money from the general public. One can register a LLP through us in a very less time."

Apply for Business PartnerShip Registration

Advantages Of LLP Registration

01
Limited Liability

Partners in an LLP are generally not personally liable for the debts or obligations of the business, protecting personal assets.
02
Flexibility in Management

LLPs allow partners to manage the business directly without the formalities of a corporation's board structure.
03
Pass-Through Taxation

In many jurisdictions, LLPs are not subject to corporate tax; profits "pass through" to partners, who report them on their individual tax returns.
04
Perpetual Succession

Unlike traditional partnerships, LLPs often have perpetual succession, allowing the business to continue even if partners leave or new partners join.

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