We are best consultant providing LLP registration in Patna, Bihar. We provide services like LLP company registration, LLP taxation, LLP auditing, and LLP taxation services. Limited Liability Partnership is type of partnership. It is a type of business registration where all partners have limited liabilities. . We will give you all information about LLP (Limited Liability Partnership) registration in this article in brief.
LLP means Limited Liability Partnership. LLP registration means, registration under Limited Liability Partnership Act, 2008. LLP is Indian version of LLC of USA. The basic purpose behind the introduction of Limited Liability Partnership (LLP) is to provide simple and easy to maintain organization to its owner. In LLP liabilities of the owners is limited to the share held by them in the LLP. Limited Liability Partnership is a combination of company and partnership. In LLP one partner is not responsible for another partner’s misconduct or fraud. All partners of LLP are responsible for LLP’s activities. LLP is easiest form of business to incorporate and maintain. In LLP compliances is very less. Up to 40 lakhs no need to conduct any audit. Limited Liability Partnership (LLP) is separate legal entity in eyes of law of India. LLP is judicial person it can be a partner of other LLP. In LLP incorporation LLP deed is mandatory to register with ROC (Registrar Of Companies). In case of any default creditors claims and recovers his debts from only Companies assets and not personal assets of directors. The partners of LLP are called Designated Partner. All Designated partner must have a DIN number. At least one director is resident of India. Minimum 2 directors are required for LLP registration. It is governed by MCA (Ministry of Corporate Affairs).
Advantage of LLP registration
- Easy to maintain.
- Audit is not required up to Rs. 40lakhs.
- Limited Liability of all Partners.
- One partner is not responsible for another partner’s misconduct.
- Dual advantage –Company+ a Partnership.
- LLP is separate legal entity itself.
Documents Required For LLP Registration
- Copy of pan card of all partners.
- Copy of aadhar card/Voter id Card/Passport of all Partners
- Copy of Bank Statements of all partners
- Photo of all partners
- Proof of registered office address like, Electricity bill/ Gas Bill (not older than 2 months).
- Email ids and phone numbers of all partners.
Procedure of LLP Registration
- Documents preparation.
- Dsc (Digital Signature Certificate) apply.
- Filing for DIN number.
- Name filing.
- Incorporation forms filing.
- LLP Deed filing.
- Certificate issued by MCA.
LLP (Limited Liability Partnership) is business registration which is easy to established and easy to maintain by owners. LLP is runs according LLP Act, 2008. LLP is valid throughout India after registration. It is Central Government registration. So it is good for new business entities. We will do your work. No need to come our office. Send us your all your documents with sign through emails. You can pay our fee online.