Starts Limited Liability Partnership from ₹ 10999/
Limited Liability Partnership Registration
LLP introduce in 2010. Since inception, it emerges one of the easiest forms of business to incorporate and manage in India. The main benefit of Limited Liability Partnership over a traditional partnership firm is that in an LLP, one partner is not responsible or liable for another partner’s misconduct or negligence. It has very simple compliance formalities. Usually, LLP is preferred by Professionals, Micro, and Small businesses that are family-owned or closely-held. Legal Door helps you to registered LLP within 10 days of the period
Advantages to registered Limited Liability Partnership (LLP)
LLP introduce in 2010. Since inception, it emerges one of the easiest forms of business to incorporate and manage in India. The main benefit of Limited Liability Partnership over a traditional partnership firm is that in an LLP, one partner is not responsible or liable for another partner’s misconduct or negligence. It has very simple compliance formalities. Usually, LLP is preferred by Professionals, Micro, and Small businesses that are family-owned or closely-held. Legal Door helps you to registered LLP within 10 days of the period
Documents required for LLP registration in India
The method of LLP registration in India does not require much legwork when it comes to documents.
To Be Submitted By Partners
Scanned copy of PAN Card or passport (Foreign Nationals & NRIs)
Scanned copy of Adhar Card/ Voter's ID/Passport/Driver's License
Scanned copy of Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill
Scanned passport-sized photograph Specimen signature (blank document with signature [partners only])
Note: Any one of the partners must self-attest the first three documents. In the case of foreign nationals and NRIs, all the documents must be notarized (if currently in India or a non-Commonwealth country) or apostilled (if in a Commonwealth country).
For The Registered Office
Scanned copy of latest bank statement/telephone or mobile bill/electricity or gas Bill
Scanned copy of Notarised Rental Agreement in English
Scanned copy of No-objection Certificate from the property owner
Scanned copy of Sale Deed/Property Deed in English (in case of owned property)
Note: Your registered office need not be a commercial space; it can be your residence, too.
Step 1 : DIN, DSC & Name Approval 1-7 Days
Step 2 : Submission of Form 2 8-14 Days
Step 3 : Submission of Form 3 & 4 15 to 19 Days
Step 4 : Certificate Of Incorporation 20 to 30 Days.
FAQ
An LLP agreement is one that is made between the partners and the LLP regarding the relationship between the individual partners in the LLP. An LLP agreement usually consists of management policies, inclusion of new partners, policy making strategies, and so on.
One can use the Form 3 to file an LLP agreement.
Yes, it is much cheaper to run an LLP than a private limited company, particularly in your early start-up days. This is because many compliances, such as an audit, apply to LLPs only after their turnover is sizeable. Most LLPs spend about half as much as a private limited company in their first year on registrations and compliance work.
Any group of persons who have or want to invest money in a business can start an LLP. A person or an investor becomes a partner, according to the LLP agreement, as provided in the Act of 2008. Also, the investors/partners are owners of the business started under the LLP.
Any individual, or even a company or an LLP, can become a partner. However, only an individual can become a ‘designated partner’ in an LLP.
