Limited Liability Partnerships (LLP) Registration Services

The Limited Liability Partnerships are prominent and popular form of doing businesses in countries across the world. These LLPs are elegant and easy means of combining entrepreneurial initiative with requisite capital and other resources, the professional expertise, and creative knowledge about the business concerned. The taxation liabilities of LLP are different, and generally less than that of the business corporations. Other benefits of limited liability partnerships are outlined in the section below. A LLP is an optional corporate business form that offers advantages of limited liability of an enterprise and the adaptability of a partnership.

BENEFITS OF LIMITED LIAIBLITY PARTNERSHIP

The outstanding salient features or benefits of the limited liability partnerships are:

  • A legally recognized, separate entity with a minimum capital of Rs. 10000
  • Limited liability to some partners
  • Lesser tax liability than corporations
  • Freedom to sort out their management and business affairs directly
  • Simple and quick process of registration
  • Perpetual existence, irrespective of changes in partners
  • A minimum of two partners are required for its formation no restriction to the maximum number of partners
  • No minimum capital contribution recommendations
  • Less Government intervention.
  • Body corporate can be a partner of an LLP.
  • No exposure to personal assets of the partners except in a fraud case.

FORMATION OF LIMITED LIABILITY PARNERSHIP

Steps involves in LLp registration

  • STEP 1 : Apply DIN
  • STEP 2 : Apply for Digital Signatures.
  • STEP 3 : File the form for approval of name and get the same approved.
  • STEP 4 : LLP Registration Documents filled with Registrar.
  • STEP 5 : Obtaining Certificate from Registrar.
  • STEP 6 : Making LLP Agreements.
  • STEP 7 : Filling Form No. 3.
  • STEP 8 : Get other required registrations and licenses needed for different kind of business.

DOCUMENTS REQUIRED FOR REGISTRATION

  • ID proof of the proposed Partners: PAN Card, Passport, Election Id, Driving License - anyone (Income-tax PAN is a mandatory requirement as proof of identity for Indian Designated Partners and passport is a mandatory requirement as proof of identity for foreign nationals/Partners.)
  • Address proof of the proposed Partners: Passport, election (voter identity) card, ration card, driving license, electricity bill, telephone bill or bank account statement – anyone.
  • Passport size photographs of the Designated Partners.
  • Address proof of registered office.

What Rajput Jain & Associates Offers

We offer LLP registration services which are highly renowned as a one-window-solution provider for LLP registration services in Delhi/NCR. We offer professional assistance in getting your LLP Registration at competitive rates and in a short span of time. We area of our with regards to LLP is as follows:

  • Registration service
  • Assistance in obtaining DIN
  • Assistance in obtaining digital signature
  • Assistance in all legal and documentation part involve in registration of LLP

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Private Limited Companies are those types of companies where minimum number of members is two and maximum number is two hundred. A private limited company has the limited liability of members but at the same time it has many characteristics as those of a partnership firm. A private limited company has all the advantages of partnership namely flexibility, greater capital combination of different and diversified abilities, etc., and at the same time it has advantages of limited liability, greater stability and legal entity. In this sense, a private limited company stands between partnership and widely owned public company. Identifying marks of a private limited company are name, number of members, shares, formation, management, directors and meetings, etc., The maximum number of directors shall have to be mentioned in the Articles of Association. In the grand of privileges and exemptions, the Companies Act has drawn a distinction between an independent private company and other private company which is a subsidiary to the other public company.

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  • Thank you very much for all your help in setting up my new company and clearing up all outstanding business in my sole trader accounts. For the first time in years I have peace of mind regards my business accounts. Your workforce are a credit to you, the girls at reception are so helpful and Chris has been brilliant. It is very much appreciated.

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The information contained on this website merely provides details of our firm to persons who have shown interest in knowing more about us and is not intended to solicit work or advertise our capabilities in any manner. The information provided on this website is general in nature and should not be used as a basis of decision-making without further professional advice. The third party site links are only provided for ready reference of the users and CA Rajput Jain & Associates neither controls their content nor undertakes any responsibility regarding them.

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