Limited Liability Partnership

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Why Choose an LLP?

An LLP offers limited liability to partners with a separate legal identity and flexible management. It involves less compliance, no minimum capital requirement, and tax benefits like no DDT. This makes it cost-effective and suitable for small businesses and professionals.

Limited Liability

Partners are only liable to the extent of their contributions.
Flexible Management

Operate your business with minimal compliance requirements.
Tax Benefits

Enjoy the benefits of pass-through taxation
Separate Legal Entity

LLPs have their own legal identity, distinct from their partners.
Ease of Compliance

LLPs require fewer compliance measures compared to other business structures.

Why Choose an LLP?

LLP Registration

1. Name approval and compliance.
2. Drafting of partnership agreements.
3. Filing with MCA and obtaining the incorporation certificate.

Agreement Drafting

1. Clear Agreements: Tailored contracts that outline roles and responsibilities.
2. Compliance Focus: Ensure seamless collaboration and legal adherence.

Compliance Support

1. Annual returns and tax filings.
2. DIN applications and GST compliance.

Conversion & Closure

1. Convert partnerships or private companies to LLPs.
2. Legal assistance for winding up LLPs.

Why Choose WELTIN ?

Expert Guidance

Our experienced team handles everything from paperwork to submission.

Quick & Efficient Service

We ensure your company is registered swiftly without unnecessary delays.

End-to-End Support

WELTIN offers full support, from registration to compliance and business expansion.

Get Started Today!

Start Your Business Journey Today with a Private Limited Company Registration! Enjoy the benefits of limited liability, credibility, and growth opportunities with expert support every step of the way.

Frequently Asked Question

1. What is the minimum requirement to form an LLP in India?

An LLP requires at least 2 partners, with one designated partner being a resident of India.

2. What is the liability of partners in an LLP?

The liability of partners is limited to their agreed contribution, and partners are not personally liable for the LLP’s debts.

3. Is an audit mandatory for an LLP?

Audit is not mandatory if the annual turnover is below ₹40 lakhs or capital contribution is below ₹25 lakhs.

4. Can an LLP raise funds from the public?

No, an LLP cannot raise funds from the public or issue shares like a company.

5. What are the key advantages of an LLP?

LLPs offer limited liability protection, less compliance compared to companies, separate legal entity status, and flexibility in management.