limited liability partnership INCORPORATION
ONLY at ₹8,999/- all inclusive*
Limited Liability Partnership Incorporation is ideal for firms with multiple partners and looking for less compliance burden.
Though not a Company but it gives an advantage of limiting the liability of the partners to the defined contribution.
Less Compliance Burden
LLPs have less compliance burden compare to other entities. Audit is not mandatory unless turnover is above 40 lacs for a financial year.
Distinct Legal Structure
Provides distinction between ownership and function.
Personal assets of partners are not at risk when the LLP is not working well.
Brand Image and higher acceptability
All business stakeholders prefers to work with a Corporate Entity over any other unregistered Entity.
So why not build a Brand?
What all do you GET?
- Name Approval Certificate
- Certificate of Incorporation
- PAN of the LLP
- LLP Agreement
- Digital Signature Certificates for 2 designated partners
- Director Identification Number (DIN) for two partners
- Bank Account Opening Support
- Registration for PF and ESIC
HOW DOES IT WORKS?
ANSWERING YOUR QUERIES
What are the requirements for registering a LLP?
A minimum of 2 Partners are required to incorporate a LLP. One of them has to be Indian Resident.
Can LLP be converted into a Private Limited Company?
Yes. LLP can be converted into Private Limited Company by filing of Form URC-1.
What is LLP Agreement?
LLP Agreement is a document consisting of policies that will be guiding the LLP over its course of business. It also mentions the contributions by the Partners along with their duties
What are the annual Compliances for LLP?
LLP has to mandatory file Form 11 (30th May) and Form 8 (31st October) every year. If not filed, penalty of Rs 100 per day is charged by ROC for each day of delay.
The LLP has to also get itself audited by Practicing CA if its turnover exceeds Rs 40 lacs annually
Still Have Queries?
We are very excited to assist you in all ways possible.