One great way to benefit from limited liability protection when launching your business is to form a Limited Liability Partnership (LLP). Nevertheless, it can be challenging to negotiate the regulatory landscape, especially for businesses with estimated sales below ₹25 lakhs. We provide three bespoke LLP compliance programs (Lite, Basic, and Standard) to assist you maintain compliance without any hassle. Let’s examine each choice to see which one is most appropriate for your company!
Importance of LLP Compliance
LLP compliance is crucial for ensuring your business operates smoothly within legal boundaries. From drafting essential documents to filing financial statements, compliance helps safeguard your business and enhances credibility with stakeholders. Our comprehensive plans simplify this process, allowing you to focus on growth and success.
Our LLP Compliance Plans
1. LLP Compliances (Lite)
Ideal for: Startups and small businesses with expected turnover less than ₹25 lakhs.
Features:
- Two Designated Partner Identification Numbers (DPIN)
- Digital Signature Certificate (DSC)
- Drafting of Partnership Deed
- Name Approval & Certificate of Incorporation (COI)
- Stamp Duty
- PAN, TAN, and Bank Account setup
Payment Option:
- EMIs: ₹625.00/month for 12 months
The Lite plan is perfect for new LLPs seeking essential compliance support at an affordable rate. It covers all the foundational aspects to get your business started on the right foot.
2. LLP Compliances (Basic)
Ideal for: Small businesses with slightly more complex compliance needs.
Features:
- All features of the Lite plan
- Preparation of financial statements
- Filing of partners’ Income Tax Returns (ITRs)
Payment Option:
- EMIs: ₹1,250.00/month for 12 months
The Basic plan builds upon the Lite plan, offering additional services to help small businesses manage their financials effectively. This option is great for those looking to ensure all compliance and reporting requirements are met.
3. LLP Compliances (Standard)
Ideal for: Established LLPs looking for comprehensive compliance and accounting support.
Features:
- All features of the Basic plan
- Start-up accounting services
- One year of GST return filing
Payment Option:
- EMIs: ₹3,334.00/month for 12 months
The Standard plan is designed for businesses that need in-depth compliance support and accounting services. This plan provides peace of mind, allowing you to focus on your core operations while we handle the compliance intricacies.
Choosing the Right Plan
When selecting an LLP compliance plan, consider your business’s specific needs and complexity:
- Lite Plan: Best for new businesses needing basic compliance support.
- Basic Plan: Ideal for growing businesses requiring financial statement preparation and ITR filing.
Standard Plan: Perfect for established LLPs looking for comprehensive support in accounting and compliance.
The success of your firm depends on maintaining compliance with LLP requirements. Our customized solutions are made to make compliance easier so you can focus on expanding your company instead of managing compliance. Start your road towards hassle-free compliance right now by selecting the package that best suits your needs!
For more information visit our website, contact us today!