Cost Of Llp Registration

By Author: Divyabhat
Total Articles: 7
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The Limited Liability Partnership (LLP) concept was introduced in India in 2008. LLP has the characteristics of both the partnership firm and the company. Limited liability Partnership Act 2008, regulates the LLP in India. They require a minimum of two partners to incorporate an LLP. However, there is no upper limit on the maximum number of partners of an LLP. Limited Liability Partnership (LLP) has become a preferred form of organization among entrepreneurs as it incorporates the benefits of a partnership firm and company into a single form of organization. Limited Liability Partnership (LLP) carries lots of benefits. Actax India takes you through the whole process starting from getting a Registration Certificate to preparing a partnership Deed. Costs of LLP registration typically comprise several components, including filing fees, legal fees, and professional fees. The exact amount you’ll need to allocate for each component will depend on various factors, such as the jurisdiction in which you’re registering, the complexity of your business, and the services you require.