LLP Incorporation
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LLP Incorporation
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Plan Benefits
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An LLP is a hybrid business structure that combines the benefits of a partnership and a private limited company. It offers limited liability protection to partners and allows flexible management without the complex structure of a company.
Minimum 2 partners, at least one must be a resident of India, Designated Partners' Identification Number (DPIN), Digital Signature Certificate (DSC) for all designated partners, A valid registered office address, LLP Name Approval and LLP Agreement.
LLP registration typically takes 10-15 working days, depending on name approval, document submission, and processing time by the Ministry of Corporate Affairs (MCA).
Limited liability for partners Separate legal identity from its partners Less compliance than a Private Limited Company No minimum capital requirement Suitable for professional services, startups, and small businesses