- Home
- Business Registration
Tax Registration
IPR Registration
Labour Registration
- About
- Contact
- Blog
Are you looking to register your LLP? Then look no further! With FilingsFirst, you get expert assistance at every step.
Also Get Absolutely Free
Company PAN & TAN
PF + ESIC + Professional Tax
Domain Name + 1yr hosting + 10 emails
Website Development with 50% off
4.9/5 10k+ Happy Costumers
A Limited Liability Partnership (LLP) is a type of business structure that combines the flexibility of a partnership, and every partner has a limited personal liability for the partnership's debts.
It was introduced in India in 2008 as per the Limited Liability Partnership Act, 2008.
Every limited liability partnership shall have at least two partners. A minimum of 2 Designated partners should be an Indian citizen. There is no minimum capital requirement in LLP.
A limited liability partnership shall have perpetual succession. Any change in the partners of a limited liability partnership shall not affect the existence, rights or liabilities of the limited liability partnership.
LLP is a type of business structure that combines the flexibility of a partnership, and every partner has a limited personal liability for the partnership's debts.
It was introduced in India in 2008 as per the Limited Liability Partnership Act, 2008.
Every limited liability partnership shall have at least two partners.
A limited liability partnership shall have perpetual succession.
It grants businesses to get into an agreement, sign contracts, take legal actions, borrow funds and function independently irrespective of any change in the company policies or workplace conventions.
An LLP company structure provides organisations with a flexible budget to conduct their activities. It does not carry out mandatory audits nor conducts board meetings to sort out the compliance issues.
An individual cannot be held responsible for the actions of his/her counterpart.
An LLP can have existing individuals and businesses as members who take care of the daily activities. The managerial roles are clearly defined by the guidelines and the company structure safeguards the interests of the partners.
Filings first will help you in obtaining a digital signature certificate
Filings First will check the LLP name availability and apply for a name reservation under "LLP - RUN" and reserve the LLP name out of the availabilities
Filings First will draft the LLP incorporation documents and file the application for LLP registration. The application for DIN allotment of designated partners and certificate of LLP incorporation will be made simultaneously
We will file the LLP agreement once the stamp duty payment is made. We will finally wait for the approval of LLP Agreement.
Depending on the products or services they provide, Limited Liability Partnerships (LLPs) must pay Goods and Services Tax (GST). LLPs need to register for GST and submit GST returns on a regular basis.
A DSC is useful for electronically identifying the sender or signee. All recognized partners are required by the Ministry of Corporate Affairs (MCA) to submit applications with digital signatures.
All current and potential designated partners of an LLP are given a special identifying number called a "Designated Partner Identification Number." A DPIN is required for each and every proposed or current director.
It is possible to transform an existing partnership firm or an unlisted company into an LLP
The stamp duty on the LLP Agreement in India is determined by taking into account the amount of capital contribution. State-to-state differences exist in stamp duty rates. Depending on where the registered office is, the State Stamp Act will be applied. Our package price includes the sum of 500.
Once the Limited Liability Partnership's Certificate of Incorporation is produced, the PAN and TAN used for LLP creation can be utilized. Once it is sent by the Income Tax Department, the physical copy of the PAN will be received at the Registered Office.
Don’t miss our future updates! Get Subscribed Today!
