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Limited Liability Partnership

Starting at Rs. 4,000/- (govt. fee extra)

Save upto 60%

Take 10-15 days

LLP

Limited Liability Partnership

LLP has been introduced in India by way of Limited LiabilityPartnership Act, 2008 and the rules made thereunder and governed/ managed as per LLP agreement. Limited Liability Partnership (LLP) is a body corporate having separate legal entity. The characteristics of an LLP is a combination of partnership firm as well as a limited corporation. It is essentially a partnership with one important distinction that the partner or investor’s liability is limited to the amount he/she has invested in the LLP. LLP partners do not receive dividend, but enjoy direct access to the flow of income and expenses. Further one of the biggest reason and advantage that people are opting for LLP is that, it is less expensive with respect to compliances as compare to private limited or public limited company. We, at Complainceship, having the experience of more than 9 years of registering a Limited Liability Partnership in india, provide full fledge assistance to the entrepreneur in registering his/ her Limited Liability partnership (LLP) without any hassle and help them in achieving their dreams.

What you will get in

Startup offer of Rs. 4,000/-
(Government Charges extra on actual)

  • 2 Digital Signature Certificate
  • 2 Director Identification Number (Lifetime Validity)
  • LLP Agreement
  • Certificate of Incorporation
  • PAN and TAN No. of the Company
  • Assistance in opening of Bank Account
  • Life time consultancy of all compliance after the incorporation of OPC
  • 24/7 Mail Support

Why

Complianceship?

  • Money Back Guarantee
  • Client Confidentiality
  • Time Bound Delivery
  • No Hidden Fees
  • MSME Registered
  • Free Expert Counseling
  • All Business services at one site

Advantages

Limited Liability

The Liability of each partner is limited to his share as written in the Agreement filed at the time ofcreation of LLP as compared to Partnership Firms which have unlimited liability.

Low Cost

It has a low cost of formation and is easy to form.

No liability for other Partner Act

The Partners are not liable for the acts of each other and can be held liable only for their own acts ascompared to Partnerships wherein they can be held liable for the acts of their partners as well.

Less Compliance

Less Restrictions and Compliance are enforced on a LLP by the Government as compared to the restrictionsimposed on a Company.

Legal Entity

LLP is an separate Legal entity, therefore a LLP can sue in its name and be sued by others. The partners are not liable tobe sued for dues against the LLP.

Minimum Requirements

for Registration

  • Minimum 2 [Two] Partners
  • Minimum 2 [Two] Designated Partners.
  • At least 1 [One] designated Partner should be an Indian Resident.
  • Any amount of initial capital. No Minimum requirement.
  • DPIN for all the Designated Partner.
  • Digital Signature Certificates [DSC] for all the Designated Partner.

Documents Required

For Registration

  • Two Color photo graph of the all the persons
  • PAN Card Signed copy of all the persons
  • Signed copy of the Address Proof(Electricity bill, gas bill, phone bill) of all the persons
  • Filed DSC Form (Format will be provided by us)
  • Landlord NOC for registered office (Format will be provided by us)
  • Property papers copy (If owned property)
  • Rent agreement copy (If rented property)
  • Electricity/ water bill of business premises

LLP

Frequently Asked Questions

Ans. Ans minimum two partners are required to form LLP registration
Ans. Any individual or company can act as partner in LLP.
Ans. No, at least one member needs to be an individual.
Ans. Only the partner responsible for such act would be held liable and not other partners
Ans. After submitting of all the required documents with ROC, certificate of registration is issued. And the same valid for lifetime.
Ans. Yes, after completing all the required documents, they can act as partner. However, at least one partner must be resident of india and should be residing here.
Ans. No, there is no such statutory requirement with respect to an LLP. Even capital contribution of Rs. 1,000/- is enough to form an LLP.