Growel

CRM

Limited Liability Partnership (LLP) Registration

About the service / Eligibility

  • LLP registration and deed drafting
  • LLP Registration in India has become an alternative form of business that provides the advantages of a Company and the flexibility of a Partnership firm into a single organization. The Concept of LLP in India was introduced back in 2008 by the Limited Liability Partnership Act of 2008.
  • Minimum two Partners are required to form the LLP.
  • Maximum number of partners Fifty.

Fee Details

  • Service Fee: 11499 (Inclusive of GST)
  • Estimated Service Completion Date : 10 Days from the date of receipt of Documents
  • Note: The above price is inclusive of normal government challans & Stamp duty.
  • T&C:
    1) 2 Digital signatures from eMudhra with 2 year validity along with ePass 2003 token.
    2) Upto 2 name options can be given in 1 RUN name approval request.

Estimated time to complete the work

  • 10 Days from the date of receipt of documents.

Required Documents/Information

  • Digital Signatures of all the directors.
  • Self attested PAN Card & Aadhar Card copy of all directors and subscribers.
  • Self attested ID Proofs of all directors & subscribers (Driving License/Voter ID/ Passport).
  • Mobile Number and E-Mail id of the Directors.
  • Passport Size Photo Copies of the Directors.
  • Rental Agreement and Latest Electricity bill.
  • Proposed NAMES of the Company - Any 2 Names.
  • Description of proposed business activity and other additional activity which a company may pursue.
  • Authorized and Paid up capital & sharing proportion of subscribers.

What we will deliver

  • Certificate of Incorporation. (Company Registration Certificate).
  • MOA (Memorandum of Association) & AOA (Articles of Association).
  • PAN (Permanent Account Number) & TAN (Tax Deduction & Collection Account Number) for the Company.
  • DSC (Digital Signatures Certificate) for 2 Directors.
  • DIN (Director Identification Number) For Two Directors.
  • Assistance in Current Account Opening.

FAQ's

How many people are required to incorporate an LLP?

A Limited Liability Partnership must have a minimum of two Partners and an LLP can have any number of Partners.

The designated Partner must be a natural person who is above 18 years of age. LLP Act 2008 allows a foreign national including Foreign Companies to incorporate an LLP in India, provided at least one designated partner is Indian.

An LLP can be started with any amount of money there is no such minimum requirement. A partner may contribute both tangible and intangible property.

A DSC is helpful in identifying the sender or the signee electronically. The Ministry of Corporate Affairs (MCA) has made it mandatory for all the designated partners to apply with the Digital Signatures.

Designated Partner Identification Number is a unique identification number that is assigned to all existing and proposed Designated partners of an LLP. All the present or proposed Directors must have a DPIN.

The time taken for incorporation depends on the submission of relevant documents by the client as well as the Approvals from the Government authorities. IndiaFilings can help you Incorporate an LLP in 14-20 days.

An NRI can be a designated partner in a Limited Liability Partnership if he has a Designated Partner Identification Number. However, at least one Designated Partner in the LLP must be a resident Indian.

FDI is allowed under automated route in an LLP by the Foreign Investments Promotion Board (FIPB). Note: Foreign Institutional Investors and Foreign Capital Investors are not allowed to invest in LLPs.

An existing partnership firm or a Company that is unlisted can be converted into an LLP. This conversion into an LLP brings in many benefits.

For the Partners 1. PAN or Passport 2. Any Identity proof 3. Bank statements Registered office proof 4. NOC from the landlord to use the premises of the registered office 5. Any utility bills of the premises which are not less than two months.

LLP is a combination of both Partnerships and a Limited Company, offering the advantages of both the companies.

An LLP is supposed to file 1. LLP Annual return by Filing Form 11. 2. Final Statement of Account and Solvency 3. Income Tax Return.

An LLP cannot raise funds from the public in any form. In an LLP only partners can contribute their capital and the liability of the Partners is limited to the extent of their contribution.

LLP Registration is the registration of an entity that provides the advantages of a Company and the flexibility of a Partnership firm in a Single organization.

It is always better to incorporate an LLP over a Private Limited Company as though both offer the same features. The cost to incorporate an LLP is less as compared to the Private Limited Company. Similarly, the LLP owner holds the ownership as well as control over the Company. The Compliances in the LLP are fewer as compared to a Private Limited Company.

The process of starting an LLP is completely online. All you need to do is submit the documents online. Regular follow-ups will be done by our consultants.

A minimum of two partners is required to incorporate an LLP.

There are various reasons why one should incorporate an LLP. The registration cost is low. No requrement for minimum contributuion. No limits on the owners of the business. It is not necessary to carry audit. There are fewer tax compliances

Another Services

Scroll to Top