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Startup Registration

OPC
Rs.2,999

Pvt. Ltd.
Rs.3,499

LLP
Rs.1,999

 In 15 days     From Any where     At Single Click

Package Includes

PAN, TAN, NAME CERTIFICATE, DSC, DIN, COI, MOA/AOA & BANK OPENING

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Our Packages

LLP Registration + MSME

₹ 6, 499

  • 2 DSC, 2 DIN, Name Approval Certificate, Drafting of Agreement, PAN, TAN

LLP Registration + Trademark Registration + MSME

₹ 12, 499

  • 2 DSC, 2 DIN, Name Approval Certificate, Drafting of Agreement, PAN, TAN, Trademark Registration

LLP Registration + ISO Certification + MSME

₹ 13, 999

  • 2 DSC, 2 DIN, Name Approval Certificate, Drafting of Agreement, PAN, TAN, ISO Certification

Why Limited Liability Partnership?

Limited Liability Partnership (LLP) was introduced in India by way of the Limited Liability Partnership Act, 2008. The basic thought behind the introduction of Limited Liability Partnership (LLP) is to provide a Simple form of business entity Which is to maintain while providing limited liability to the owners.The main advantage of a Limited Liability Partnership over a traditional partnership firm is that in a LLP, one partner is not responsible or liable for another partner's misconduct or negligence. A LLP also provides limited liability protection for the owners from the debts of the LLP. Therefore, all partners in a LLP enjoy a form of limited liability protection for each individual's protection within the partnership, similar to that of the shareholders of a private limited company. However, unlike private limited company shareholder, the partners of a LLP have the right to manage the business directly.

Package Includes

Steps/Process

Incorporation Documents are prepared and sent for Signatures.

Once ID proofs and signed documents are received, Digital Signature and DIN is applied for Directors

Once all all partners are ready with DIN numbers, Application for Name Approval is filed with MCA, MCA Checks the name availability and approves a name based on Name Guidelines

After name is approved, Documents and Partnership deed is prepared and sent for Signatures. Once signed documents are received, Application of Incorporation is filed with MCA. MCA check and Approves the Incorporation Application.

PAN is applied based on Incorporation Certificate after that TAN is applied Once we receive copy of PAN card

Application is filed with MCA for Registration of Partnership Deed, This need to be done within 30 days from the date of Incorporation

Why Limited Liability Partnership ?


  • Ease of Formation

    It is very easy to form LLP, as the process is very simple as compared to Companies and does not involve much formality. Compared to other forms of starting business, LLP has been found as the easiest form of incorporating a company and requires fewer hassles.


  • Body Corporate

    Just like a Company, LLP is also a body corporate, which means it has its own existence as compared to a partnership. LLP and its Partners are a distinct entity in the eyes of the law. An LLP is known by its own name and not by the name of its partners.


  • Easy Transferable Ownership

    It is easy to become a Partner or leave an LLP or otherwise it is easier to transfer the ownership in accordance with the terms of the LLP Agreement. It is relatively easy to transfer the ownership of an LLP to another person as compared to other business forms.


  • Limited Liability

    An LLP exists as a separate legal entity from its partners. Liability for repayment of debts and lawsuits incurred by the LLP lies on it and not on Partners. Forming an LLP is a good way to protect your personal assets from your company's liabilities.


  • No Audit Requirement

    Under LLP, only in case of business, where the annual turnover/contribution exceeds Rs 40 Lacs /Rs 25 Lacs are required to get their account audited annually by a chartered accountant. This provides great relief to small businessmen


  • Online Company/LLP Name Search

    Private Limited Company enjoys enhanced transparency thus able to win the trust of general public.


  • Minimum Compliances

    Compared to a Private Limited Company, A Limited Liability Partnership tends to have less compliance to follow.


  • Legal Status & Social Recognition

    One Person Company is a Private Limited Structure in the eyes of law, which gives suppliers and customers a sense of confidence in business.


Documents Required for LLP Registration

Self certified copy of PAN card of all Directors - 2 Copies
Four color passport size photograph of each Director
Copy of any utility bill or bank statement in the name of Directors
Mobile & Email of all Directors, 2-3 proposed Name & Objects of Company
Copy of Business proof of premises where company will be registered
Self certified copy of address proof of all Directors - 2 copies, Anyone of Passport/Voter ID/Driving Lincense/Aadhar Card
Incase of rented premises - Rent agreement + Latest electricity bill in the name of landlord + NOC
Incase of owned premises - Copy of sale Deed + Latest electricity bill in the name of owner

Frequently Asked Questions

FAQ

LLP is an alternative corporate business form that gives the benefits of limited liability of a COMPANY and the flexibility of a PARTNERSHIP. Since LLP contains elements of both 'a corporate structure' as well as 'a partnership firm structure' LLP is called a hybrid between a company and a partnership..
A basic difference between an LLP and a joint stock company lies in that the internal governance structure of a company is regulated by statute (i.e. Companies Act, 2013) whereas for an LLP it would be by a contractual agreement between partners. LLP will have more flexibility as compared to a company and lesser compliance requirements.
Yes, any existing private company or existing unlisted public company can be converted into LLP by complying with the Provisions of clause 58 and Schedule III and IV of the LLP Act. Form 18 needs to be filed with the registrar along with Form 2 for such conversion..

 

Under "traditional partnership firm", every partner is liable, jointly with all the other partners and also severally for all acts of the firm done while he is a partner. Under LLP structure, liability of the partner is limited to his agreed contribution. Further, no partner is liable on account of the independent or un-authorized acts of other partners, and registered with Ministry of Corporate Affairs just like company.
You can start a Limited Liability Partnership with any amount of capital. There is no requirement to show proof of capital invested during the incorporation process. Partner's contribution may consist of both tangible and/or intangible property and any other benefit to the LLP..
It will be dealt under the Income Tax and other tax laws separately, prima facie a LLP is taxed as a partnership. The internal structure of the LLP is similar to that of a partnership. The members provide working capital and share any profits. Income derived by the members from the LLP will be closer to that of a partnership than to the dividends paid by companies..

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