Limited Liability Partnership
An LLP is a hybrid business form combining the flexibility of a partnership with the limited liability of a company. Governed by the LLP Act, 2008, it is a separate legal entity from its partners and requires registration with the MCA (Ministry of Corporate Affairs)
Price: ₹ 8,499/-
Timeline : 15-20 Days
Proprietorship
Benefits
✅ Limited Liability – Protects personal assets of partners from business losses.
✅ Separate Legal Entity – Enables the LLP to operate independently of its partners.
✅ Perpetual Succession – LLP continues regardless of partner changes.
✅ No Mandatory Audit for Small LLPs – Reduces cost for startups (below ₹40L turnover or ₹25L capital).
✅ Tax Efficiency – No dividend distribution tax; profits taxed only in LLP’s hands.
Proprietorship
Documents Required
✅ PAN Card and Aadhaar
✅ Passport (if foreign national)
✅ Address Proof (bank statement, electricity bill)
✅ Passport-size photo
✅ Proposed name (2 options)
✅ Registered office proof (Rent Agreement/Ownership + utility bill)
✅ Digital Signature Certificates (DSC) for all partners
Proprietorship
Deliverables
✅ Certificate of Incorporation (issued by MCA)
✅ LLP Identification Number (LLPIN)
✅ LLP Agreement (filed in Form 3)
✅ PAN & TAN of LLP
✅ MCA login credentials
✅DPIN for partners