The Easiest, Most Transparent, and Quickest Way to Register Your Limited Liability Partnership
Register NowIncorporation / Registration Cost
Cloud Incorporation Fee : ₹ 1999/-
DIN : ₹ 0/-
DSC : ₹ 0/-
Govt Fee : ₹ 0/-
Stamp duty : ₹ 0-/-
Taxes : ₹ 0/-
Distinctions Between LLP and Partnership Firm
An LLP is a business structure that integrates the features of both a partnership and a corporation. In contrast, a partnership is an arrangement where two or more individuals agree to run a business together and share profits and losses.
A significant advantage is that partners are not personally liable for business debts or liabilities. Their personal assets are protected and cannot be used to settle business obligations.
Operating an LLP can be somewhat more costly compared to a sole proprietorship or partnership. For instance, the owner of an LLP may need to pay unemployment compensation for themselves, which is not required for a sole proprietor.
Documents Required For Limited Liability Partnership Registration