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LLp/New Company Registration

  • Limited Liability Partnership (LLP) is a balanced structure, carrying benefits conventional partnership and still limiting personal liabilities of the partners.
  • The basic premise behind the introduction of Limited Liability Partnership (LLP) is to provide a form of business entity that is simple to maintain while providing limited liability to the owners.
  • providing key advantages like the ability to contract in its own name, and safeguard personal assets of the owners from business liabilities.
  • No requirement of minimum contribution
  • Lower registration cost
  • No requirement of compulsory Audit
  • Taxation Aspect on LLP
  • Dividend Distribution Tax (DDT) not applicable