A Limited liability Partnership is a new form of business introduced in the year 2009, this is a unique form of business in the sense that it has simplicity, benefits and limited liability of the Partners. Minimum two person can form an LLP. There is no capping of maximum number of partners.
There are many advantages are available to LLP form of business over a private limited Company like there is less legal compliancesin comparison to a private limited company.
For instance audit is not required till the time turnover not exceeds INR 40 lac or capital does not exceeds INR 25 lac.
Nowadays, this is the most common form of business in India and Other countries also. Most of the person starts their business in form of LLP Company then with the growth, they moves to Private Limited Company or Public Limited Company.
A self- defined process of registration of Limited Liability Partnership Company, documents required , for LLP Registration and pricing etc are given in tabs as above. We follow and maintain transparent and vital system in our office.Whichremain same for all the customers.
Step–1 :In Limited Liability Partnership (LLP), We require documents for two partners. The persons who would becomePartners of the Limited Liability Partnership, require to sign the requisite documents to start Incorporation process ofLimited Liability Partnership.
Step-2 : Obtain Digital Signature certificate (DSC) and Director Identification Number (DIN) for proposed Partners for Registration of Limited Liability Partnership Company.
Step-3 : Filing name approval e-form with Registrar of Companies (ROC) along with main object of LLP. Which require minimum one and maximum sixname in the order of preference. The object of LLP must be reflected in the proposed names of LLP.
Step-4 : Preparing and Signing the other incorporation documents from the Partners of LLP. Few with the stamp papers and notarized.
Step-5 : Filing of e-form along with all the legal attachments,legal forms and NOC's etc. with Registrar of Companies (ROC) for Incorporation of Limited Liability Partnership Company. Our highly experience team is expert in preparing and filing of E-forms with ROC.
Step-6 : After approval of all the e-forms, One would get Certificate of Incorporation (COI) for Limited Liability Partnership Company. COI can be issued only when ROC is satisfied with respect to all the documents submitted and accuracy of e-forms.
Step-7 : last step is to prepare and submitting partnership deed with ROC. This is a very important document to complete Registration process of a Limited Liability Partnership Company.It Contain all the object and rules and regulation for day to day operation of LLP.
Q1. What is Limited Liability Partnership.
Q2. If any name of LLP allotted to me, Can that name be allotted to anyone else.
Q3. How can I apply for reserving LLP Name?
Q4.How many days it will take to incorporate a Limited Liability Partnership.
Q5.What is partners capital requirement for formation of Limited Liability Partnership.
Q6.Are there any restrictions on minimum and maximum number of partners in an LLP?
Q7.What are the roles and responsibilities of "Designated Partners" in an LLP.
Q8.Who can be a "Designated Partner"?
Q9.Are there any requirement file any return or documents with Registrar of Companies.
Q10.What is prescribed time to file annual return and statement of solvency regarding anLimited Liability Partnership.
Q11.Whether a partner can give loan to or transact other commercial transactions with LLP?
Q12.Can a partner remove or resigned from Limited Liability Partnership.
Q13.Can an existing Company or normal partnership firm be converted into Limited Liability Partersnip (LLP).