Partners: Minimum of two partners, with no upper limit.

Designated Partners: At least two designated partners must be appointed, one of whom must be an Indian resident.

LLP Agreement: A written agreement outlining the LLP’s operations, management, and profit-sharing.

Registered Office: An official address for communication purposes.

PAN and TAN: The LLP needs to obtain a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for tax purposes