limited liability partnership
In India, managing and forming a Limited Liability Partnership is quite simple. A minimum of two partners is necessary to form an LLP, but there is no upper limit. The Partners’ rights and responsibilities are outlined in the LLP agreement. In an LLP, one partner is not liable for the wrongdoings or negligence of the other. Compliance is the responsibility of the partners.
Register a Company in 4 Easy Steps
Get your DSC and DPIN for LLP
We will supply you with both a "DSC and DPIN" after you submit your documents.
Submit a Name Approval Request
Your information will be confirmed, and we will subsequently apply for LLP name approval
LLP Incorporation Certificate
We will prepare all of the necessary documents (MOA and AOA) for your LLP and file them with the ROC.
Work Completed
We will send you an LLP certificate and DSCs once your LLP is formed.
Document Required for LLP registrations
- A copy of each partner’s PAN card
- Photographs of the partners in passport size
- As evidence of address, a copy of your Aadhaar card, voter identification card, or driver’s licence is required.
- As proof of Registered Office, include a utility bill, a telephone bill, or a recent bank statement (Business Place)
- Copy of the Property Deed/Sale Deed (If owned property)
- NOC from the landlord (Format will be provided)
- Passport (for foreign nationals/non-resident Indians)
- Certificate of Digital Signature
- A copy of the notarized rental agreement a copy of the property owner’s NOC
Important forms in LLP Registration
- RUN – Limited Liability Partnership Reserve Unique Name-A form for reserving a name for the LLP.
- FiLLiP – Limited Liability Partnership Incorporation Form
- Form 5: Notice of Name Change
- Form 17- Application and statement for the conversion of a partnership to a limited liability partnership
- Form 18- Application and Statement for Conversion of a Private Company or an Unlisted Public Company into a Limited Liability Partnership
The Following is a Checklist for Forming an LLP
- It is necessary to have a minimum of two partners.
- All selected partners must have a Digital Signature Certificate.
- All designated Partners have a DPIN.
- The LLP’s name should not be confusingly similar to the name of any other LLP or trademark registration.
- The LLP’s Partners make a capital contribution.
- The Partners have agreed to form a Limited Liability Partnership (LLP).
- Proof of the LLP’s registered office.
Advantages
1. Directors' personal assets are protected from limited liability
Startups frequently need to borrow money and purchase items on credit. In the case of traditional partnerships, personal money and property are at danger if the firm is unable to satisfy its debts. Only the initial investment to start a business is lost in an LLP; the Partners' personal assets are protected.
2. In the market, you'll have a better image and credibility.
The Limited Liability Partnership (LLP) is a well-known and often used business form. LLPs are preferred by corporate customers, vendors, and government agencies over sole proprietorships and traditional partnerships.
3.There is no requirement for an audit, and there are only a few compliance requirements.
Limited Liability Partnerships are simple to maintain and do not require a statutory audit. LLP is the best option for small businesses. LLPs with a capital of less than Rs. 25 lakh and a turnover of less than Rs. 40 lakh are likewise exempt from undergoing a tax audit
4. Business Continuity
LLP is a legal entity that exists independently of its partners. In typical partnership firms, this is not possible.
OUR PRICING PLANS
Standard
₹ 14,999
- complete company incorporation
- Certificate of incorporation (COI)
- Permanent account number (PAN)
- tax deduction account number (TAN)
- director identification number (DIN)
- digital signature certificate (DSC)
- memorandum of association (MOA)
Gold
₹ 16,999
- complete company incorporation
- Certificate of incorporation (COI)
- Permanent account number (PAN)
- tax deduction account number (TAN)
- director identification number (DIN)
- digital signature certificate (DSC)
- memorandum of association (MOA)
- articles of association (AOA)
- Bank account opening
- GST registration
- MSME / UDYAM registration
Platinum
₹ 19,999
- complete company incorporation
- Certificate of incorporation (COI)
- Permanent account number (PAN)
- tax deduction account number (TAN)
- director identification number (DIN)
- digital signature certificate (DSC)
- memorandum of association (MOA)
- articles of association (AOA)
- Bank account opening
- GST registration
- MSME / UDYAM registration
- Share certificate issue
- company commencement form filling