LLP & Partnership Services
LLP setups, compliance filings, and deed drafting.
The Limited Liability Partnership (LLP) has emerged as a highly flexible business vehicle. Finavrit offers comprehensive services for LLP formation, deed drafting, partner onboarding/exit structuring, and conversion of partnership firms to LLPs.
We handle ongoing LLP compliances, including filing Form 11 (Annual Return) and Form 8 (Statement of Accounts & Solvency) with the Registrar of Companies (ROC).
With new regulatory guidance expanding audit and accounting standards for LLPs, having structured professional advisory ensures your partnership remains fully compliant.
How We Work
Name Reservation & Deed Drafting
We reserve the name with ROC and draft a customized LLP agreement covering profit-sharing and capital clauses.
Incorporation & PAN/TAN Setup
We file incorporation forms with MCA and procure PAN/TAN registrations for the LLP.
Compliance Calendar Initialization
We set up your bookkeeping systems and initiate the corporate compliance timeline.
Frequently asked questions
What annual compliance does an LLP have?
Form 11 (annual summary of partners and contributions) by 30 May, Form 8 (statement of account and solvency) by 30 October, and income tax return filing. Non-filing attracts per-day penalties.
Can a partner exit an LLP?
Yes — subject to the LLP agreement’s terms. The exit requires a supplementary agreement, Form 4 filing with the ROC, and consent procedures. Capital credit settles per the agreement.
Can an existing partnership firm convert to an LLP?
Yes, under the LLP Act’s Chapter X with partners’ consent, an approved name and Form 2/3 filings. Conversion preserves assets and liabilities while limiting future liability.
Enquire about LLP & Partnership Services
Tell us about your requirement — your enquiry reaches the LLP & Partnership Services team directly, with the service attached.
Discuss your requirements for LLP & Partnership Services
Book a free consultation call to outline your business situation and secure a clear scope and quote.