Limited Liability Partnership has been introduced in India by way of Limited Liability Partnership Act, 2008. LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a Partnership. A Limited Liability Partnership combines the advantages of both the Company and Partnership into a single form of organization and one partner is not responsible or liable for another partner’s misconduct or negligence. It is very easy to do LLP Registration in Pune , as the process is very simple as compared to Companies and does not involve much formality. A LLP is indeed advantageous because of comparatively lower cost of formation, lesser compliance requirements, easy to manage and run, partners are not liable for the acts of the other partners.
Get Limited Liability Partnership (LLP) Registration within 7 days
Advantages of Limited Liability Partnership
What Your LLP Agreement Contains
- Basic information about all partners , addresses and type of business
- Amount of capital introduced in LLP
- Profit and Loss sharing ratio of Partners
- Details of scope of business to be carried by LLP
- Description like adding new partner or retirement of partner
Documents Required for LLP Registration
ID and Address Proof of Partners like
Pan Card / Passport / Voter ID / Aadhar Card/Driving License Copy of the Partners.
One Business Place Address proof:
If Property on Rented: Rent Agreement and NOC from Landlord is required.
If Property is own: Electricity Bills or Index II is sufficient.
Note : Business place and home place can be same of the Partner
What We Offer - LLP Registration
We are Chartered Accountant firm in Pune, Our dedicated team of professionals consist of advocate, CA and CS. We assist you in choosing right business mode for maximizing profit and minimizing tax implications. We advise on LLP Registration in Pune India simultaneously providing for LLP registration process in Pune.
- Advise on choosing the most suitable business option
- Advise on profit and loss sharing and tax implication
- Preparation of legal documents
- Preparation of LLP agreement
- Making application to Minister of Corporate Affairs
- Taking registration certificate
- Registration of Business
- Tax Registration
- Loan Approval
- Tax filing and Planning
Limited Liability Partnership (LLP) Registration Process
|Digital Signature||DPIN Application||Name Approval||Incorporation||Start Business|
|DSC is required for Proposed Partners.||An application shall be made for opting Designated Partners Identificatoin No. (DPIN)||Making Application for Proposed Name of LLP from Option given by directors||Submission of documents to MCA with Consent Letter , Partnership Deed and supporting documents. And follow up for certificate.||Once incorporated, can commence business ,Apply PAN, Open bank account.|
FAQ -Limited Liability Partnership (LLP) Registration
What is a Limited Liability Partnership?
A LLP is a new form of legal business entity with limited liability. It is an alternative corporate business vehicle that gives the benefits of limited liability but allows its partners the flexibility of organizing their internal structure as a traditional partnership. The LLP is a separate legal entity and, while the LLP itself will be liable for the full extent of its assets, the liability of the partners will be limited.
What is minimum number of partners required in LLP?
At least two partners required to register a LLP
Can a minor be appointed as a Partner in a LLP?
The Designated Partners needs to be over 18 years of age and must be a natural person. Even foreign nationals can be appointed as a Partner with the approval for Foreign Contribution Promotional Board.
What is the time frame for registering my LLP?
We can register a LLP within 7 to 8 days of time. But the documents submitted should be as per our requirements and also within time. If there is any delay in submitting the documents the mentioned time frame may change.