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Other Registration

LLP registration brings out the best qualities of partnership.

Key Features & Benefits

All lasting business is built on partnership

Business Credibility

The information relating to the LLP such as name of the LLP, date of incorporation, registered office address, status of the LLP are made available in a publicly searchable database i.e. MCA. This feature increases the credibility between the customer, vendors and investors.

Separate Legal Entity

An LLP is a separate legal entity from its partners. On incorporation it will be issued with a unique registration number, in the same way as a limited company. This registration number will stay the same throughout the lifetime of the LLP, even if the LLP changes its name.

Limited Liability

The partners of an LLP act as its agents and only have liability up to the amount they have contributed to the LLP – in particular their capital contribution and sharing of profits. This is a significant advantage over a traditional partnership where the partners generally have unlimited liability.

Organizational Flexibility

An LLP has the organizational flexibility of a partnership and the provisions dealing with the day to day running of the LLP will normally be contained in a written LLP agreement. An LLP agreement will typically deal with matters such as: Profits and losses, Drawings, Ownership of property etc.

Auditing Provision

A LLP whose turnover does not exceed forty lakh rupees, in any financial year or whose contribution does not exceed twenty five lakh rupees does not requires audit of the accounts of the LLP.

Myths

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Package

LLP Registration Packages

  • LLP Registration
  • Logo Designing
  • GST Registration
  • Bank Opening Kit
  • Delivered in 15 Days
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  • LITE +
  • Trademark Filing
  • ISO Certification
  • MSME Registration
  • Delivered in 25 Days
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  • BASIC +
  • Startup Registration
  • GST / ITR / ROC Compliances
  • Delivered Before Due Date
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We do it with MONEY BACK GUARANTEE for LLP Registration Packages in JUST 7 DAYS

We concern the matters relating to false guarantees and specifically addressed the same by providing the MONEY BACK GUARANTEE for the service in simply 7 working days. When an individual not absolutely pleased with the services for which he paid, he might standup the disappointment with a describing observation. We maintain with precaution and issue a refund or credit the charge card according to the internal refund policy.

Process of LLP Registration Packages

It is literally true that you can prosper finest and quickest by helping others to succeed.

  • Application for digital signature certificate and designated partner identification number

    Every individual who is intending to be appointed as designated partner of an LLP shall make an application for a digital signature certificate. A DSC is mandatory to digitally sign all forms to be filed electronically on the MCA portal.

  • Reservation of name of the LLP

    An applicant must get a name reserved for new LLP to be incorporated. A form is required to be filed for name reservation named as Form RUN-LLP. After name approval, the applicant will apply for incorporation process, before the name got expired as its validity is three months from the date of approval.

  • Incorporation of LLP

    After name approval, the applicant has to file an LLP integrated incorporation form through the MCA portal. This form requires details such as particulars of the proposed or approved name of the LLP, business activity to be carried out by the LLP, proof of address of registered office of the LLP, and some attachment like subscriber's sheet including consent, KYC of designated partners, etc.

  • Certificate of incorporation

    Upon successful registration, the ROC shall issue a certificate of incorporation in under the seal of the registrar. COI contains the details like name of LLP, address of LLP and LLP identification number.

  • Limited liability partnership agreement

    After incorporation, LLP agreement will be drafted between the partners and the LLP. Clause related to rights, duties and responsibilities of partners will be mention in agreement. LLP agreement places the clauses relates with partners like, consequences of death of a partner, addition of partner, removal of partner, sharing of profit and loss, dispute resolution, and others. Partners have to file the agreement in form 3 with the ROC along with the applicable stamp duty within 30 days of incorporation.

Documents Required For LLP Registration

If one partner in partnership stand in injury while other is counting money, is no longer partnership

  • Name of LLP
  • Business details
  • LLP agreement on stamp paper of the requisite value with initial capital
  • Contribution by partners and Profit sharing ratio

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FAQ's

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  • What is LLP?

    LLP is partnership with limited liability which is formed and registered under limited liability partnership act. It has the advantage of company and partnership together like corporate structure as company and the flexibility as a partnership.

  • Who is designated partner in LLP?

    There are two types of partners in LLP, designated partner and partner. Partners are the person who shares the profit and loss only. When we talk about designated Partners, those person deals in day to day activities to run the LLP and responsible for all compliances that the LLP is liable to file to ROC timely.

  • How can a person become partner of an LLP?

    The person who subscribes the subscriber sheet at the time of formation of LLP will be considered as partners in LLP. After incorporation, new person can be added as partner as per the clause mentioned in LLP agreement.

  • If any partner wants to leave from LLP. How he can do so?

    As per the clause mentioning in LLP agreement, a person may leave the organization. Supplement deed is required to be formed at the time of any changes in constitution of LLP. Whenever any person ceases to be partner or any changes occurred then have to inform the ROC by filing prescribed forms.

  • Is it mandatory to maintain and file documents?

    An LLP shall be under obligation to maintain annual financial records revealing accurate and fair vision of its affairs. The statement of account & solvency and annual return is required to be filed to registrar of company.

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