BUSINESS STRUCTURING

LLP & Partnership Firm Structuring

End-to-end advisory for forming, converting and operating LLPs and partnership firms with considered capital, remuneration and compliance structures.

End-to-end advisory for forming, converting and operating LLPs and partnership firms with considered capital, remuneration and compliance structures.

Scope of services

01Incorporation and conversion of partnership firms and LLPs
02Drafting and amendment support for partnership deeds and LLP agreements
03Capital contribution, profit-sharing and partner remuneration structuring
04Working-partner remuneration planning with reference to revised Section 40(b) limits
05TDS compliance for partner payments introduced under Section 194T
06Annual ROC filings, including LLP Forms 8 and 11
07Income-tax returns, accounts and statutory audit support
08Ongoing partner and entity-level compliance reviews

Our approach

We align the legal agreement, commercial arrangement, accounting treatment and tax position. Familiar Section 40(b) and Section 194T references are considered together with the corresponding provisions applicable under the Income-tax Act, 2025.

Can this service be combined with accounting or audit support?

Yes. The firm can coordinate related accounting, tax, assurance and advisory work, subject to applicable independence and professional requirements.

Common questions.

Does PSB Associates help form LLPs and partnership firms?

P S B & Associates LLP provides formation and conversion advisory for LLPs and partnership firms.

What does LLP and partnership structuring include?

The firm supports agreements and deeds, capital contributions, profit-sharing, partner remuneration, tax compliance and annual LLP ROC filings, including Forms 8 and 11. The scope is agreed around the entity and its partners.

Can PSB support an existing LLP or partnership firm?

The firm provides amendment and continuing compliance advisory for existing LLPs and partnerships, including accounting, income tax returns and audit support where applicable. Contact the team with your entity type and the assistance needed.

We serve clients in India and abroad. Contact our team to discuss your requirements

GET IN TOUCH

A conversation starts
with understanding.

Contact our offices to discuss your accounting, tax, assurance or advisory requirements.

Contact the firm