flexibility
A Limited Liability Partnership (LLP) gives you the best of both worlds – operational flexibility and legal cover. It is ideal for businesses in which there are multiple partners and need minimal liability with a lack of heavy corporate compliance. Tax Shapers help you navigate from paperwork and legal drafting to ultimately registering with the Ministry of Corporate Affairs. You maintain freedom in operating your business even as you acquire formal recognition and protection.
Whether it is a starting up or a consulting firm or a joint venture, LLP is a wise and scalable option. And we are your reliable partner to help you start effortlessly.
LLP combines the advantages of a partnership with the legal protection of a company and is thus the perfect choice for professionals and SMEs targeting flexibility at a reduced price for compliance.
Each partner's liability is limited to their agreed contribution — protecting personal assets from business debts.
LLPs also have fewer regulatory requirements and filing requirements when compared to Private Limited Companies.
You can create your LLP with any amount of money — there is no set capital requirement.
The LLP Agreement allows partners to freely determine the roles, responsibilities, as well as profit-sharing.
We simplify the LLP registration journey with a clear process, ensuring your firm is legally sound and fully compliant.
We assist you in getting Digital Signatures and Director Identification Numbers for all designated partners.
Based on your preference, the MCA has reserved the LLP name of your choice, according to the regulatory naming system.
We organize the application forms and file them with the Registrar of Companies.
A customised LLP Agreement is designed and filed that outlines partner roles, contributions, and profit sharing.
Once approved, you get your Certificate of Incorporation, which makes your LLP operational.
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Have questions about taxes, financial planning, or our services? You’re not alone! The lists of questions and answers are presented in a clear and concise manner to answer to the most common inquiries. So, here are some relevant tips and information for both those who are new to taxes and for business owners in need of professional help.
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