Limited Liability
Partnership (LLPs)
A
Limited Liability Partnership is an advanced version of the traditional
Partnership Firms. It is an innovative way to corporatize the partnership firms
in the world of modern businesses where the each partner is not responsible or
liable for another partner's misconduct or negligence. It is an incorporated
partnership formed and registered under Limited Liability Partnership Act, 2008
with the feature of Limited liability, perpetual succession and legal entity separate
from its partners. The provisions of Indian Partnership Act, 1932 are not
applicable on LLPs. It is viewed as an alternate corporate business vehicle
which has the features of the both company as well as partnership firm, as it
allows the feature of limited liability and also allowed its partners the
flexibility of organizing their internal structure as on the partnership based
mutually arrived agreement.
Requirements:
Ø Minimum
2 Partners who are Individuals & having the age of 18 years or above to be
named as Designated Partners
Ø Any
one of the Designated partner to be the Resident in India.
Ø No
restriction on maximum no. of partners and the other Body Corporates can also
be the partner in such LLPs.
Ø No
minimum capital requirement.
Ø DSC
(Digital Signature Certificate) is required.
Ø DPIN
(Designated Partner Identification Number) is required in favour of the designated
partners.
Documents for LLP Registration:
Ø Copy
of PAN Card of partners
Ø Passport
size photograph of partners
Ø Copy
of Aadhar Card/ Voter identity card/ Driver’s license as address proof.
Ø Electricity/
Water bill/ Telephone bill/ Latest bank statement as proof of Registered Office
(Business Place)
Ø Copy
of Sale Deed/Property Deed (If owned property), otherwise the Landlord NOC if
the property is taken on rent / lease.
Ø Passport
in case of Foreign Nationals/ NRIs who want to partner in such LLP.
Additions in our services for LLP Registration:
Ø DPIN
for 2 Partners
Ø Digital
Signature For 2 Partners
Ø LLP
Agreement
Ø Statutory
Fees
Ø PAN
Card & TAN no.
Ø All
other Consultancies regarding that.