LLP Registration

LLP Succession
in Partnership

An LLP is a partnership firm registered under the Limited Liability Partnership Act, 2008, offering limited liability and perpetual succession.

An LLP is a hybrid of a Company and Partnership, offering limited liability to partners, where they aren't liable for unauthorized actions of others. Its flexible structure and management make it ideal for small enterprises. Unlike a Private Limited Company, LLP partners have the right to manage the business, allowing greater control and operational flexibility.

The LLP agreement outlines the roles, rights, duties, responsibilities, and liabilities of each partner in the partnership.

Asia Pacific Tax Solutions assists with the registration of your Limited Liability Partnership (LLP) and ensures full compliance with all legal requirements after registration.

LLP Registration
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Registration Benefits of LLP

Simplicity:-

LLP is a simple form of partnership business and easy to Incorporate with limited liability and minimum partners.

Lesser Compliance

The compliance requirement of the LLP is lesser as compared to the Private Limited or Public Limited Company. There are only 2 annual forms and a Partner KYC form to be submitted with ROC in a year and Audit is not required unless turnover is increased more than 40 lakhs or Capital is increased more than 25 lakhs.

Flooded recourses

More capital can be brought to the LLP as the number of people involved increases.

More talent, idea & skill

Partner brings new skills & ideas to expand the business to take it at a global level.

Less tax burden

No tax was levied on the distribution of profit amongst the partners.

Scope of expansion

Compared to partnership firms LLP has got more Credibility in the Corporate world so the chance of getting Quality and Quantity work is more.

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Documents required

  • Pan Card.
  • Aadhar Card
  • Passport Size Photo
  • Passport
  • Driving License or Voter ID
  • 2 Photos.
  • Light Bill
Audit and Assurance
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Hot Line Number
+917290944786