A hybrid structure built for professionals and small businesses that want liability protection without full corporate complexity.
Book a ConsultationA Limited Liability Partnership combines the operational flexibility of a traditional partnership with a feature partnerships don't offer: limited liability. Each partner's liability is limited to their agreed contribution, protecting personal assets from the LLP's business debts and obligations in ways a standard partnership firm cannot.
This structure has become the default choice for professional service firms, consultancies, and small to mid-sized businesses that want more protection than a partnership offers, without taking on the fuller compliance burden of a private limited company.
It isn't the right fit for every business, though — LLPs face restrictions on raising equity funding from investors that private limited companies don't, which matters if fundraising is part of your longer-term plan.
Limited liability is the headline benefit, but the LLP agreement — defining each partner's rights, capital contribution, profit-sharing, and what happens if someone wants to exit — is what actually determines how smoothly the structure functions day to day. A well-structured LLP protects you; a poorly documented one just delays the same disputes a partnership firm would have had.
Getting the LLP agreement right at formation is what keeps day-to-day operations, and eventual disagreements, from becoming legal complications. Partner and business details shared with us are handled with complete confidentiality throughout the registration process.
Understand your plans and whether this structure fits them.
A clear scope and quote, no hidden charges or jargon.
Required documents collected and verified securely.
Structure registered correctly, with ongoing compliance set up.
An LLP has fewer compliance requirements and no concept of shares, which makes it simpler to run — but it also can't raise equity funding from investors the way a private limited company can.
A minimum of two designated partners, with no upper limit on the total number of partners.
Yes, this conversion is possible and is a common path for LLPs that later need to raise external equity funding.
Primarily two annual filings — Form 11 (annual return) and Form 8 (statement of accounts) — along with income tax filing, which is considerably lighter than what a private limited company requires.
Generally yes, limited to your agreed contribution, though liability protection can be pierced in cases of fraud or specific personal guarantees you may have signed separately.