Limited Liability Partnership

Create Your LLP Online Now

Register your Limited Liability Partnership with Techmin Consulting and enjoy the advantages of both a Partnership and a Company.

For those who are curious, a Limited Liability Partnership is a business structure.

The Whole LLP Definition and Glossary When a business forms an LLP, it limits its liability to the amount of money it makes. Some of the characteristics of an LLP are like those of a typical partnership, while others are more in line with those of a corporation.

For example, LLP Registration has grown in popularity since it is quite straightforward to set up and keep running. The owners’ liability is also reduced as a result. The Limited Liability Partnership has one major benefit over the standard Partnership Firm.

As with a Private Limited Company, an LLP can enjoy the protections of limited liability and the adaptability of a partnership. Individual partners are protected from the joint liability produced by another partner’s misbehaviour, as no partner is accountable for the unlawful activities of other partners. Professionals, micro- and small-sized firms that are privately held often opt for the LLP structure.

Required LLP Compliance

• GST Registration
• GST Return
• Accounting
• Registration with the ROC Annual Filing
• IT Act Auditing
• IT Returns
• imited Liability Partnerships Audit
• Patent and Trademark Registration
• CEB Form 3 for Limited Liability Partnerships