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Exclusively for Entrepreneurs
GST Registration Free
Shop Act Free
MSME Certificate @ Rs. 999/-
Import Export License @ Rs. 1999/-
Trademark Application @ Rs. 1499/-
One Year Free Consultancy
Limited Liability Partnership Registration, governed by LLP Act 2008 combines the benefits of a partnership with that of a limited liability company. LLP was introduced in 2008 to provide a form of business that is easy to maintain and to help owners by providing them with limited liability. The most attractive reason for registering as LLP is the limited liability. Limited Liability Partnership requires minimum 2 designated Partners for Limited Liability Partnership registration. The members of the firm are only liable for contribution amount which is declared at time of LLP registration or mentioned in LLP Agreement. This is best mode to registering LLP in India because there is Limited liability for its designated Partners and partners even if the business becomes bankrupt.
A Certificate of Incorporation (CoI), LLP Agreement along with PAN and TAN can be received post approval of the LLP registration process. You can officially open a current bank account with the Certificate of Incorporation and begin your business operations.
Amplus is a leading legal consultant, offers quick Registration service in India. Amplus can help you register all types of Companies and Startups. The average time taken to complete LLP formation is about 6 - 8 working days, subject to government processing time and client document submission. Get a free consultation for Limited Liability Partnership registration and business startup before and after the registration of Limited Liability Partnership. Amplus will take care of all legal compliance of your business under one roof by amplus experts CA/CS/CMA/Advocates.
By filling up the above inquiry form you can speak to our expert advisor on the Limited Liability Partnership registration process.
Registering Limited Liability Partnership in India has many benefits. With the registering Limited Liability Partnership, enhance goodwill into market as a legal corporate entity. It will create a brand, trust, credibility and genuineness.
The Limited Liability Partnership Registration process is completely online, so you don't even have to leave your home to get your entity registered. At Amplus, we complete the Limited Liability Partnership Registration online within 6-8 working days.
Suitable for small business firm.
No Minimum Capital restriction.
Audit relaxation for small LLP.
Flexible Agreement between partners.
Offers liability protection to protect personal assets.
Increases the potential to grow big and expand.
The following types of Business entitles are available in India:
1. Private Limited Company
2. Public Limited Company
3. One Person Company
4. Producer Company
5. Section 8 Company
6. Limited Liability Partnership
7. Partnership
8. Sole Proprietorship
1. Separate Legal Existence
2. Limited Liability
3. Flexibility of Ownership
4. Separation of Ownership and Management
5. Tax Planning
6. Perpetual Succession
7. Low cost of Formation
8. Easy to establish
9. Easy to manage & run
10. No requirement of any minimum capital contribution
11. No restrictions as to maximum number of partners
12. Less Compliance level
13. No exposure to personal assets of the partners except in case of fraud
14. Borrowing Power
1. Minimum 2 Designated Partners
2. Minimum 2 Partners
3. At least 1 of the designated partners shall be an Indian Resident
4. If a body corporate is a partner, it has to nominate a natural person as its nominee
5. The Designed Partner and Partner can be same
6. DPIN (Designated Partner Identification Number for all Designed Partners)
7. DSC (Digital Signature Certificate for all Designated Partners)
8. There is no requirement of Minimum Contribution.
It is an unique Identification Number allotted to an individual who is an existing director of a company or intends to be appointed as director of a company pursuant to section 153 & 154 of the Companies Act, 2013. Every individual, intending to be appointed as a director of the company, can file an application for allotment of DIN. Central Government (Office of Regional Director (Northern Region), Ministry of Corporate Affairs) will allot the DIN.
Digital Signature Certificates (DSC) are the digital equivalent (that is electronic format) of physical or paper certificates. Digital certificate can be presented electronically to prove your identity, to access information or services on the Internet or to sign certain documents digitally. Physical documents are signed manually, similarly, electronic documents, for example e-forms are required to be signed digitally using a Digital Signature Certificate.
Currently there is no regulation prohibiting LLP from carrying on activities related to NBFC but as a matter of precaution before initiating any such activitiy, it is advisable to contact Reserve Bank of India.
In reference to LLP, contribution can be termed as, What a partner is contributing towards the Limited Liability Partnership for running of his business. Contribution in case of LLP is alike Share Capital in case of Company.
A contribution of a partner may consist of tangible, movable or immovable or intangible property or other benefit to the limited liability partnership, including money, promissory notes, other agreements to contribute cash or property, and contracts for services performed or to be performed.
Yes, the Contribution of LLP would be provided under the LLP Agreement and the same can be increased by way of amendement in the LLP Agreement.
Well, it completely depends on what you want to do. If you are a single person doing business and are not going to raise any outside investment for at least 3 years then OPC suits you best. Or if you are planning to raise funds then go for Private Ltd registration. A LLP is typically preferred by Lawyers, Doctors, Designers and other professionals.
No, the process is completely online these days and MCA does not issue a Printed copy. We can provide the printed copy.
Yes, but the terms and conditions for such withdrawal shall be provided in the LLP Agreement.
1. PAN
2. TAN
3. Shop Act
4. GST
5. Profession Tax
6. Provident Fund
7. ESIC
As per the LLP Act 2008, the LLP Agreement will define the requirement related to contribution and therefore , the LLP Agreement may also provide for NIL contribution from the Partners. So, LLP can also be incorporated without any contribution from the partners but this scenario has its own practical problems.
Every LLP shall be under obligation to maintain annual accounts reflecting true and fair view of its state of affairs. A Statement of Accounts and Solvency shall be filed by every LLP with the Registrar of LLP every year.
The Designated Partners would be responsible for the doing of all acts, matters and things as are required to be done by the limited liability part¬nership in respect of compliance of the provisions of this Act.
Yes, the LLP Act 2008 allows Foreign Nationals including Foreign Companies & LLP to incorporate a LLP in India. But till date necessary guidelines in respect of foreign investment in LLP are not issued, they cannot incorporate the same.
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