Limited Liability Partnership

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BYC Advisors streamlines the LLP formation process, offering expert guidance to ensure compliance and operational efficiency.


A Limited Liability Partnership (LLP) combines the benefits of a partnership with the limited liability of a corporation, making it an ideal structure for small and medium-sized businesses. , We specialize in LLP registration services in India, helping you establish a legally compliant and protected business entity.

Why Choose an LLP?

LLPs offer several advantages that make them a preferred choice for professionals, startups, and growing businesses:

  • Limited Liability: Partners in an LLP have limited liability, meaning their personal assets are protected against the debts and liabilities of the business.
  • Flexible Management: LLPs offer flexibility in management, allowing partners to decide their roles and responsibilities through a mutual agreement.
  • Separate Legal Entity: An LLP is a separate legal entity, distinct from its partners, which means it can own property, sue, and be sued in its own name.
  • Tax Benefits: LLPs enjoy a lower tax burden compared to corporations, as there’s no dividend distribution tax, and profits are taxed only in the hands of the partners.
  • No Minimum Capital Requirement: Unlike private limited companies, LLPs do not require a minimum capital contribution, making them easier to set up and manage.
  • Ease of Compliance: LLPs have fewer compliance requirements compared to companies, making them easier to maintain.

Our LLP Registration Services

 We provide comprehensive LLP registration services to help you set up your business efficiently and in full compliance with Indian laws. Our services include:

  • Consultation & Planning: Our experts will guide you through the benefits of LLPs, helping you determine if it’s the right structure for your business.
  • Name Reservation: We assist in choosing a unique name for your LLP and handle the reservation process with the Ministry of Corporate Affairs (MCA).
  • Document Preparation: We prepare all necessary documents, including the LLP Agreement, Incorporation Form (FiLLiP), and partner details.
  • Filing with MCA: We handle the electronic filing of your LLP registration documents with the MCA, ensuring everything is submitted correctly and on time.
  • DIN & DSC Application: We assist in obtaining the Digital Signature Certificate (DSC) and Director Identification Number (DIN) for all designated partners.
  • LLP Agreement Drafting: We draft a customized LLP Agreement outlining the rights, duties, and profit-sharing ratios of the partners, tailored to your business needs.
  • PAN & TAN Application: We assist in obtaining your Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for tax-related matters.
  • Bank Account Opening Assistance: We guide you through the process of opening a business bank account for your LLP.
  • Ongoing Compliance Support: Stay compliant with annual filings, GST registration, and other statutory requirements with our ongoing support services.

Who Should Consider an LLP?

LLPs are ideal for:

  • Professional Firms: Lawyers, architects, accountants, and consultants can benefit from the LLP structure due to its flexibility and limited liability.
  • Startups: Entrepreneurs looking for a simple and cost-effective way to start their business with limited liability.
  • Family-Owned Businesses: Families running a business together can use LLPs to protect personal assets while maintaining control.
  • Small and Medium Enterprises (SMEs): Businesses looking for a flexible management structure with lower compliance costs.

Get Started Today

Ready to establish your LLP in India? Contact us today to learn more about our LLP registration services and take the first step toward securing your business.

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