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Limited Liability Partnership
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Limited Liability Partnership
About Limited Liability Partnership
As a name suggest,Limited Liability Partnership (LLP) is a legal form of business Company offering limited liability to its partners.It was introduced in INDIA by Limited liability Partnership Act,2008.
A Limited Liability Partnership (LLP) is a hybrid business entity of both a Corporation and a Sole Proprietorship.The biggest advantages of LLP is often more flexible than a corporation. LLP is better than Sol Proprietorship,and it is simplest business firms to doing business in India.
Inclusive In Our Service
- Two DIN
- Two DSC (Class-2)
- Name Search & Approval
- ROC Registration Fees
- PAN & TAN
- Drafting of LLP Agreement
- LLP Identification Number
- MSME Certificate (Optional)
Documents Required For Limited Liability Partnership(All Soft Copy)
- One Passport size photograph of All Directors
- Self-Attested PAN card copy of All Directors
- Self- Attested Proof of Identity (Like-Voter ID, Passport, Driving License, Aadhar Card)of All Directors
- Business address proof (Any one of Electricity Bill, Telephone Bill, Property, Gas Bill, Tax Bill).
- If Rented Business (Rent Agreement Copy) or if own (sell deed)
- Company Name (1 to 6 Names)
- Company Service or object or product Name
Procedure for Incorporation of Limited Liability Partnership
- After the payment received from you, we will do the following procedure…
- Apply for DSC (Digital Signature Certificate)All Directors.(1- Day)
- Apply for Director Identification Number (DIN)All Directors. (1- Day)
- Apply for the Company Name ( 1- Day)
- Document preparation by us for the Incorporation and send you for Sign. ( 1- Day)
- Received Document from you and Filing of e-forms with ROC (Registrar of Companies) and Payment of ROC Fees & Stamp Duty. ( 1- Day)
- Verification of documents / forms by ROC and Issue of Certificate of Incorporation by ROC (2- day)
- Sending you company Certificate Kit
Advantages of Limited Liability Partnership (LLP)
- The owners of the LLP are protected from some or all liability for acts and debts of
LLP. - Biggest advantage of LLP is that there is no limit of partners/members that can be
involved with the business.so, minimum members are allowed in LLC 2 to 200. - The cost of registering LLP is low as compared to other type of business in India.
- In LLP, the Dividend Distribution Tax(DDT) is not payable.
- LLP is easy to start,also it’s also easier way to fetch up,as compared to other entity.