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
- 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?
- 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
Build Your Business Empire
Complianceship is the technology driven platform