Limited Liability Partnership (LLP) registration
Limited Liability Partnership (LLP ) registration service provided by TaxHills.We have made Startup registration services online,simple and easy for India.
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what is Limited Liability Partnership
Limited Liability Partnership is one of the easiest types of business with an easy incorporation process and simple compliance formalities, LLPs are preferred by Professionals, Micro and Small businesses that are family-owned or closely-held. Since LLPs are not capable of issuing equity shares, LLP should NOT be chosen for any business that has plans for raising equity funds from Angel Investors, Venture Capitalist or Private Equity Funds.
how to register limited liability partnership
Limited Liability Partnership Registration is done online. It Starts with
Propose Unique Name of the new company
Decide who will be the 2 Partners
What would be the Authorized capital & Paid Up Capital.
Decide nature of Business
Our Startup Advisor can also help you to decide . You can directly contact us. After selecting registration service and making payment we would start filing for the LLP registration .
BENEFITS OF LLP REGISTRATION
Limited Liability Protection to Partners personal assets
Many times startups need to borrow money and take things on credit. In case of normal Partnerships, Partners personal savings and property would be at risk incase business is not able to repay its loans. In an LLP, only investment to start a business is lost, personal assets of the Partners are safe.
Better image and credibility in Market
Limited Liability Partnership (LLP) is a popular and well known business structure in the world. Corporate Customers, Vendors and Govt. Agencies prefer to deal with LLP instead of proprietorship or normal partnerships.
Continuity of Business
LLP continues to exist beyond the existence of its Partners. This is not possible in traditional partnership firms.
DOCUMENTS REQUIRED FOR LLP REGISTRATION
Latest Passport size Color photograph of all the promoters.
PAN Card of all Partners.Foreign nationals must provide a valid passport.
Any of the following ID: Aadhar, Passport, Voter ID/Driving License of Partners.
Latest Bank Statement/Telephone Bill/Electricity or Gas Bill/Water Bill of Partners
REGISTERED OFFICE DOCUMENTS
DIN and DSC for Two Partner
Name Approval of the LLP
Certificate of Incorporation of the LLP
LLP Agreement Drafting & Filing
PAN and TDS Number for the LLP
Bank A/c Opening Support