Get your own Limited Liability Partnership registered and avail the dual benefits of a partnership firm as well as a company with limited liability.
LLP is not required to carry out its Audit if its turnover is below Rs 40 Lakhs or if contribution is not more than Rs. 25 lakhs
Running business as LLP is more stable and it creates growth opportunities as compare to other forms of business entity
Partners of LLP are not personally held liable and their personal assets cannot be attached for the work of LLP
The LLP can continue its existence irrespective of changes in partners. It is capable of entering into contracts and holding property in its own name
Due to higher level of confidence, Bank, Venture capitalists and financial institutions are more than willing to fund or give loan to any LLP
LLP can avail Startup India benefits like Income tax exemption for 3 Years, Self certification facility, Seed Funding support & many other benefits
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