Limited Liability Partnership
Ideal Business structure for Starting a Professional Services Firm.
₹ 5,499 (All Inclusive)
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What is Limited Liability Partnership?
Limited Liability Partnership has been introduced in India by way of Limited Liability Partnership Act, 2008. The basic premise behind the introduction of Limited Liability Partnership (LLP) is to provide a form of business organization that is simple to maintain while at the same time providing limited liability to the owners. LLP is a separate legal entity that gives the benefit of limited liability of company plus the flexibility of a partnership, wherein no partner is held liable on account of other’s partner misconduct. An LLP agreement is drafted to govern their rights and duties. Which is a business unit to its owners offers an advantage of limited liability and at the same time requires minimum maintenance.
What Is Included In Our Package?
Procedure For Limited Liability Partnership Registration
Documents Required For LLP Registration
Minimum Requirements For LLP Registration
Advantages of LLP Registration
5 SIMPLE STEPS
to Start Limited Liability Partnership in India
Frequently Asked Questions
The entire procedure is 100% online and you don’t have to be present at our office or any other office for incorporation. A scanned copy of documents has to be sent via mail. They get the company incorporation certificate from MCA via courier at their business address.
– At least two Designated partners are required for LLP registration. If you are the sole owner, you can register as a One Person Company.
The Partner must be an Indian citizen and a Resident of India. Any people can become the member of the partnership firm. However, the individual must 18+ above in terms of age and should have a valid PAN card.
Any individual, or even a company or an LLP, can become a partner. However, only an individual can become a ‘designated partner’ in an LLP.
Yes, you can register your L.L.P at your residential address.
– An LLP agreement is one that is made between the partners and the LLP regarding the relationship between the individual partners in the LLP. An LLP agreement usually consists of management policies, inclusion of new partners, policy making strategies, and so on.
Firstly we just need to find a unique name as prefix and promoters need to provide name of the proposed L.L.P. along with significance of word. Secondly the name needs to include a word about the L.L.P. business activity. Finally before selecting Names it will be advisable to check on Google, MCA Portal, MCA Guidelines and Trade Mark site the availability of Name.
Yes, company office address can be changed anytime after incorporation.
Yes, but only after he has been assigned with DIN/DPIN. However, at least one designated partner in LLP must be a Resident of India. In fact, the foreign director can also be a majority shareholder in the company
Any group of persons who have or want to invest money in a business can start an LLP. A person or an investor becomes a partner, according to the LLP agreement, as provided in the Act of 2008. Also, the investors/partners are owners of the business started under the LLP.
An LLP agreement is filed in Form 3
No minimum capital is required for incorporation of LLP.
An LLP is required to file annual return and Statement of Accounts and Solvency as a part of annual compliance.
– Its take minimum 5 to 7 days or more depend on State ROC Department Procedure.
If LLP capital contribution is not exceed if capital contribution not exceed of rupees 25 lakhs and turnover is not exceed of rupees 40 lakhs then we need not get there account Audited.
– Digital signature certificate (DSC) is an electronic format of authorization and services as proof of identity of an individual for certain online transaction and filings. DSC are mainly used by the MCA (ROC), Income Tax Department, Directorate General of Foreign Trade, Employee Provident Fund and for E-Tenders in India. Digital Signatures are classified into three classes- Class 1, Class 2, and Class 3.
– Director Identification Number (DIN) is a unique number issued to existing Director or a future director of a company and required for company registration. DIN and Designated Partner Identification Number cam be used interchangeably . DPIN is required for registration a LLP in India . DIN typically contains all the personal information of the persona becoming a Director.
PAN is a Permanent Account Number (10-digit alphanumeric number), which is issued by the Income Tax Department in India. A PAN Card is used as a document of identity proof.
(TAN) is a Tax Deduction and Collection Account Number (10-digit alphanumeric number), issued to persons who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961.