Limited Liability Partnership (LLP) Company
A limited liability partnership (LLP) is a partnership in which some or all partner (depending on the jurisdiction) have limited liabilities. It therefore exhibits elements of partnerships and corporations. In an LLP, one partner is not responsible or liable for another partner's misconduct or negligence. The Legislature has enacted LLP Act 2008. LLP Offers more enhanced features than a general tradition partnership. It can be registered with minimum two Partners. The Limited Liability Partnership has more credibility than a General Partnership or Proprietorship business. Annual maintenance of LLP firm is much inexpensive than a Private limited or LLP.
Our services for establish your proposed LLP:
- ● Digital Signature Certificate (DSC)
- ● Director Identification Number (DIN)
- ● Name reservation of your proposed OPC company
- ● Drafting of LLP agreement
- ● Dedicated CA/CPA/CS/Lawyers
- ● Trademark search for business and registration
- ● MCA Government Fees and XBLR filling
- ● Obtain Corporate Identification Number (CIN)
- ● Application forPAN No. of OPC
- ● Business Idea corroboration.
- ● GST Registration.
- ● VAT & CST Registration.
- ● ESIC & PF Registration
- ● SSI Registration.
- ● Provident Fund Registration.
- ● Import-Export Code Registration.
- ● Drafting Lease Deed and its registration.
- ● Compare your business entity.
- ● Assistance for Seed Capital.
Merit of Limited Liability Partnership (LLP) Company
- ● Separate legal entity
- ● Perpetual Existence.
- ● Limited liability
- ● Tax advantage
- ● Minimum regulatory compliance.
- ● No owner/manager distinction
- ● Flexible agreement
- ● Fewer compliance requirements
- ● Easy to wind-up
Merit of Limited Liability Partnership (LLP) Company:
- ● Inability to raise VC funding
- ● Rights of partners
- ● Greater penalties
Documents required from all Designated Partners for registering LLP Company
- ● Copy of Election ID Card
- ● Copy of PAN Card or Passport
- ● Copy of latest bank statement
- ● Copy of telephone or electricity bill
- ● Passport-sized photograph of all Designated Partners.
- ● Copy of signature (signature should same as on PAN Card)
- ● Scanned copy of Notarized Rental Agreement
- ● Copy of Utility bills for Proposed Registered Office (Residential or Commercial)
- ● Copy of rent agreement / lease deed
- ● NOC from owner/landlord.
