SRSB Business Solutions Private Limited

Features of Limited Liablity Partnership (LLP)  

• Liability of Partner is limited to the extent of their Contribution in LLP.
• LLP has separate legal Entity, Which can sue or can be sued
• It has perpetual succession. It means LLP has existence, no matter how many changes occur in Membership.
• Profits will be taxed in the hands of LLP and not in the hands of Partners. There is no double taxation.
• Remuneration to Partners will be taxed as “Income from Business or Profession” but there is capping i.e. you can take remuneration Maximum of 60% of Profit Before Remuneration
• No restrictions on any loan to be taken from partners / relatives or others
• LLP can get recognition under Start Up

Deliverable for LLP registration with us in Rs 5999 are:

2 DSC,
2 DIN,
Upto 50000 Partner Contribution,
Incorporation fee,
Stamp Duty,
Certificate of Incorporation,

LLP Agreement
PAN & TAN


After Incorporation LLP Can Register for
Import Export COde (IEC)
GST Registration
Udyam Adhar (MSME)
Start Up India

Professional Tax Registration