Any two individuals or corporate bodies can form an LLP. However, there must be at least two "Designated Partners" who are actual humans, and at least one must be an Indian resident.

At TaxCrafted, our basic Incorporation package is ₹2,899 (+ GST), and our complete Incorporation & Compliance package is ₹9,899 (+ GST). Please note that government fees, stamp paper, notary, and DSC charges are extra and paid directly at actuals.

It is not mandatory just because you register an LLP. You only need to register for GST if your annual turnover crosses the government threshold (usually ₹40 Lakhs for goods / ₹20 Lakhs for services) or if you are selling across state borders.

Simply reach out to TaxCrafted, provide your basic KYC documents, and pick your package! We handle the digital signatures, name approval, forms, and the LLP agreement drafting for you.

It is a unique identification number assigned by the government to any individual who wishes to be a designated partner in an LLP. It functions exactly like a DIN for company directors.

With our expedited online process, it generally takes just 7 to 10 days, provided all your documents are accurate and ready to go.

Yes, they can! They just need to provide their passport and valid address proofs. However, the LLP must still have at least one designated partner who lives in India.

Yes, 100% FDI is allowed under the automatic route for LLPs, provided they operate in sectors where 100% FDI is currently permitted by the government.

Absolutely. Converting is a highly recommended move to gain the benefit of limited liability and protect your personal assets.

You need PAN cards, ID proofs (Aadhaar/Voter ID), recent address proofs (bank statements/utility bills), passport photos for all partners, and a rent agreement/utility bill for the registered office.

Yes, it is fantastic for professional service providers, agencies, and small-to-medium businesses that want corporate legal status and asset protection without the heavy compliance burden of a Private Limited Company.

Every year, an LLP must file Form-11 (Annual Return) and Form-8 (Statement of Account & Solvency) with the MCA, alongside standard income tax returns. TaxCrafted’s ₹9,899 package covers all of this for your first year!

You can raise funds through business loans or by bringing in new partners who inject capital. However, because LLPs don't have equity shares, it is very difficult to raise money from traditional Angel Investors or Venture Capitalists.

It is the formal legal process of registering your partnership business with the Ministry of Corporate Affairs, granting it a separate legal identity and limiting your personal financial liability.

If you plan to raise venture capital or issue stock options (ESOPs), a Private Limited Company is better. If you are self-funding, want fewer regulatory headaches, and want lower maintenance costs, an LLP is the better choice.

Gather a partner, decide on a unique name, collect your basic KYC documents, and contact TaxCrafted. We will launch the process via the MCA portal on your behalf.

You need an absolute minimum of two people to start.

The main benefits are limited personal liability, a separate legal identity, lower registration and maintenance costs, and no mandatory minimum capital requirements.

To join an existing LLP, you must agree to the terms, make your capital contribution, and sign a revised LLP Agreement. The existing designated partners will then file the necessary updates with the MCA to officially add you to the business.