What is Limited Liability Partnership (LLP)?
About Limited Liability Partnership Registration
LLP is a form of organization structure similar to partnership firm but with a feature of limited liability of partners. It is mandatory to file annual LLP returns with the Ministry of Corporate Affairs (MCA). LLP has a lot of benefits when compared to an ordinary Partnership firm or Sole Proprietorship firm. Our goal at Proworktree is to get your registration done in Effective, Efficient and Economical way. This form of organization should have at least 2 partners (designated partners) and at-least one designated partner should be resident of India to initialize the process of establishing a private limited company. Proworktree provides you most effective services for LLP Registration.
Advantage of having Limited Liability partnership (LLP)
- Limited Liability : In LLP(Limited Liability Partnership) Business form, the liability of partners is limited to there contribution in the business. It does not extend to their personal property or asset.
- Tax benefits :An LLP kind of business has much more tax benefits compared to a general form of the partnership business.
- Separate Legal Entity :LLP can own property, have a banking account, apply for loans, incur liabilities and enter into contracts.
- No-interruption in Existence :Because of LLP’s ‘perpetual succession’, it can run whenever it is brought on the condition of the termination by mutual agreement within the partners. LLP will run smoothly even when partners change.
What Is Included In Our LLP Registration Package
- DSC for 2 partners
- DPIN for 2 partners
- Name Search & Approval
- LLP Agreement
- LLP Registration Fees
- PAN card of LLP
Registering a LLP
How to register a start-up company in India
- Proworktree form fill-up for LLP Registration : You have initially fill-up the proworktree LLP form and submission of the basic answer.
- Get DSC and DPIN from us : After filling up proworktree company registration form and your documents submission. We will provide DSC & DPIN. (1-2 working days).
- Name approval and verification : Verification of all details and after the verification process, we will apply for name verification. (7-10 Days).
- Submission of documents : Generation of all the necessary documents and we will submit MOA & AOA for the incorporation of LLP on your behalf by proworktree. (15-20 Days).
- Congrats : Your LLP registration is done, once your LLP registration process is completed we will give you back all the documents and DSC’s.
3 Steps for Online Company Registration
- DSC Application & DIN Processing :In
1-2 working days, DSC & DIN of Directors is registered by us upon receipt of a few scanned documents
from client.
- LLP Name Approval & Incorporation : After
Successfully getting DSC of director, within a short period of 7 to 10 days Company Name Approval &
LLP registration is done.
- PAN card of the LLP : PAN of your LLP is applied while incorporation and The PAN will be couriered to your LLP registered office address within 15-20 working days.
A company is distinct and separate from its members who may die or change without affecting its continued existence until it is wound up on the legal grounds
For the debts of the company, its creditors can sue it and not its members whose liability is limited to the unpaid amount on shares held by them or the guarantees provided by them to contribute on the winding up of the company, depending on the type of company
For the debts of the company, its creditors can sue it and not its members whose liability is limited to the unpaid amount on shares held by them or the guarantees provided by them to contribute on the winding up of the company, depending on the type of company
A company can own property, have banking account, raise loans, incur liabilities and enter into contracts. Even members can contract with company, acquire right against it or incur liability to it
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