Limited Liability Partnership (LLP)

A Limited Liability Partnership (LLP) is an innovative business structure that combines the benefits of a traditional partnership with the advantages of limited liability for its partners. It is governed by the Limited Liability Partnership Act, 2008, making it an ideal choice for professionals, small businesses, and startups. LLPs provide operational flexibility while protecting personal assets, making them a popular option for modern entrepreneurs.

Key Features of an LLP

The liability of each partner is limited to the extent of their contribution, safeguarding their personal assets from business liabilities.

An LLP is treated as a distinct legal entity, meaning it can own assets, sue, or be sued independently of its partners.

Unlike a Private Limited Company, LLPs have fewer compliance requirements and more freedom in business operations.

LLPs enjoy several tax advantages, including no Dividend Distribution Tax (DDT), making it a cost-effective choice.

An LLP can be formed with any amount of capital, allowing flexibility for small and medium enterprises.

LLPs are ideal for service-oriented businesses such as legal firms, consultancies, and startups in IT, marketing, and other professional services.

Karttech’s LLP Registration Services

At Karttech, we make the process of forming an LLP simple and hassle-free. Our comprehensive services include:

1. Advisory Services

  • Guidance on the suitability of LLPs for your business.
  • Assistance with documentation and compliance requirements.

2. Digital Signature Certificates (DSC)

  • We help partners obtain Digital Signatures, a mandatory requirement for filing forms electronically.

3. Director Identification Number (DIN)

  • Assistance in obtaining DINs for the designated partners.

4. Name Approval

  • Helping you choose and secure a unique name for your LLP with the Ministry of Corporate Affairs (MCA).

5. Drafting and Filing of LLP Agreement

  • Preparing and filing the LLP agreement, outlining the rights and duties of all partners.

6. Registration and Compliance

  • Filing the incorporation documents with the MCA and obtaining your LLP’s Certificate of Incorporation.

7. Post-Incorporation Support

  • Guidance on obtaining PAN, TAN, GST, and other necessary registrations.
  • Assistance with compliance filing, including annual returns and financial statements.

Why Choose Karttech?

  • Expert Guidance: Our experienced team ensures a smooth and error-free registration process.
  • Fast and Efficient: We streamline the procedure, completing the registration in the shortest possible time.
  • End-to-End Support: From consultation to post-registration compliance, we take care of everything.
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