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