LLP Registration in India

What is an LLP?

Limited Liability Partnership combines features of partnership and company. Partners have limited liability while enjoying business flexibility. Governed by LLP Act, 2008.

Documents Required

• PAN & Aadhaar of all partners
• Address proof (bank statement)
• Photograph of all partners
• Registered office address proof

LLP vs Pvt Ltd

• LLP: Lower compliance, no mandatory audit below ₹40L turnover
• LLP: No dividend distribution tax, flexible profit sharing
• Pvt Ltd: Better for equity fundraising and investors