Limited liability partnership registration in India
Limited liability partnership registration in India becomes most popular since it is a middle form of entity between private companies and partnership firms.
Limited liability partnership registration in India becomes most popular since it is a middle form of entity between private companies and partnership firms. LLP has characteristics of the partnership firm as well as a private limited company, which makes a better form of entity. LLP formation done under The LLP Act, Ministry of Corporate Affairs looks over compliance of LLP. The formation of a limited liability partnership (LLP) requires a minimum of two partners. However, the LLP form is recognized for the startup benefit under make in India and startup India schemes.
The liability of LLP is limited to the capital contribution of the partner. Thus partners’ personal assets can’t be used for the payment of LLP Debt. So partner’s personal Assets are safe even LLP runs in loss or LLP doesn’t have enough assets to pay its due.
Further, LLP Can obtain startup India registration where LLP has benefits of tax exemption, ease of doing business, bill discounting facility, MSME loan facility, etc. The formation of LLP in India is easy and simple as 90% of the process is online. rest of 10% we provide service at your doorstep for document signing etc.
LIMITED LIABILITY PARTNERSHIP (LLP) REGISTRATION
Benefits of the LLP
LLP is recognised form of partnership firm
Fast incorporation process – Can be completed in three days
Exemption of tax to partner on LLP shared profit
Easy addition and removal of partner whenever required
Audit required when turnover is more than 40 Lakhs
Recognised form for Startup India Registration
LIMITED LIABILITY PARTNERSHIP (LLP) REGISTRATION
Documents Required for LLP
PAN Card of Partners
Identity Card of Partners (Voter id / Passport / Driving License)
Address Proof of Partners (Utility Bill/ Bank Statement)
Passport Size photo (Via Whatsapp)
Proposed Name of LLP
Object / Activity of the Proposed LLP
Address Proof for LLP Registered Office (Utility Bill)
In case of Foreign Partner : Document Must be Notarised & Apostle
(INCLUSIVE OF ALL LLP FEES, PAN, GST, MSME, DIN, DSC)
LLP Registration Charges Rs. 9,000/-
LLP Registration Certificate (LLPIN)
Director Identification Number (DIN) of each Partner
Digital Signature of Partners
Includes all Government Fees, Stamp Duty
PAN Card of LLP
MSME Registration of LLP Firm
Deed of LLP
GST Registration of LLP Company
LLP Stamp Seal
LIMITED LIABILITY PARTNERSHIP (LLP) REGISTRATION
LLP Registration Online Procedure (Steps)
Decide The Object and Name of Proposed Limited Liability Partnership-LLP
Firstly, Limited Liability Partnership Formation starts with decision of name of LLP. Name must be unique and it must be according to guidelines of MCA. further name should match with Firms proposed object/activity. In addition, Name must be ends with word “LLP”. Proposed name must not violate someone else registered trademark.
Application for Reservation of Name of Proposed LLP to MCA
Obtaining DIN & Digital Signature of Partner(s)
Submission of LLP Registration Application with Required Document to ROC
ROC will Approve LLP Incorporation
Preparation of LLP Deed
Bank Details
Bank Name: ICICI BANK
Account Number: 008605004893
IFSC: ICIC0000086
Contact Us
Phone: (+91) 91733 42287
Phone: (+91) 82002 32287
Email: [email protected]
https://easyreturnfillers.com/limited-liability-partnership/