Chandantodi
Uploaded on Apr 4, 2023
Limited Liability Partnership, generally known as LLP, is a kind of business organization that delivers the advantages of limited liability, equivalent to that of a company, and the flexibility of a partnership. The concept of LLP was first introduced in India in 2008-2009, it has gained popularity among entrepreneurs, particularly for small and medium-sized enterprises, service sector organizations, and professional firms. In India, the LLP Act of 2008 governs all LLPs. Also, partners are required to execute a mutual LLP agreement that defines each partner's rights, roles, responsibilities, and liabilities. Registration Arena can help to complete the LLP Registration process in a few steps.
LLP Registration
Limited Liability
Partnership (LLP)
Registration in India
What is LLP Registration ?
• LLP or Limited Liability Partnership is a type of business
organization that gives benefits of limited liability of a
company and the flexibility of a partnership
• The concept of LLP was introduced in the year 2008-
2009 and since then it has become popular among
entrepreneurs.
Minimum Requirement For LLP Registration
• Minimum 2 Designated Partners
• Minimum Contribution of 2 Rupees
• DSC for 2 Designated Partners
• Atleast 1 of the designated partners shall be an
Indian Resident
Advantages of LLP Registration
• Limited Liability
• No minimum capital required
• No limit on number of partners
• No Compulsion of Audit
• Less Compliance burden
Features of Online LLP Registration
• LLP is a body corporate and a legal entity distinct from
its partners.
• There must be at least 2 (two) designated partners in
every LLP
• The mutual rights and duties of partners of an LLP are
determined by the LLP Agreement executed between
the partners
Website : www.registrationarena.com
Email : [email protected]
Address : Stepup India Legal Solutions
Contact Us Private Limited, Flat no 202, 2nd Floor,U-
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