Three salaried friends, including an NRI, who purchased adjoining office spaces plan to form an LLP for tax optimization and simplified compliance when renting them out. Experts suggest an LLP offers a flat 30% tax on net income, allowing expense deductions and avoiding double taxation on partners' profit shares. It also simplifies TDS for NRI partners and provides limited liability. However, LLPs require higher compliance, including annual filings and a resident designated partner.