Reasons to Choose LLP for Startup
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1. No Minimum Capital
Start an LLP with any amount, no fixed capital needed.
2. Limited Liability Protection
Partners' personal assets are safe from business debts.
3. Tax Benefits
Lower tax rates & no Dividend Distribution Tax (DDT).
4. Mergers & Amalgamations
LLPs can merge or combine with other LLPs, allowing business expansion and growth.
5. Right to Manage the Business
Partners can manage operations without shareholders.
6. No Limit on Maximum Number of Partners
No limit on the number of partners in an LLP
7. Easy Dissolution & Exit
LLPs can be closed easily with minimal legal formalities, making exit strategies smoother.
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Register your Startup as LLP in India
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