Limited Liability Partnership

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Limited Liability Partnership

All you need to know

A Limited Liability Partnership (LLP) is a partnership in which some or all partners have limited liability. launched in the year 2008, it is a hybrid structure between a company and a partnership. Its main improvement over the General Partnership is that, one partner is not responsible or liable for another partner's misconduct or negligence. This is an important difference from that of an unlimited partnership. In an LLP, some partners have a form of limited liability similar to that of the shareholders of a corporation. The LLP is also cheaper to incorporate than a private limited company, requires fewer compliances. This format would be quite useful for small and medium enterprises in general and for the enterprises in services sector in particular LegalDunia is one of the leader in coporate legal services provider in India .Our team of legal experts will provide you full-fledged assistance required for the seamless registration of Limited Liability Partnership.

Benefits

Benefits of Limited Liability Partnership

  • Famous and accepted type of business across the world
  • Low cost of Incorporation
  • Easy to setup
  • Easy to manage
  • No cap on minimum capital contribution
  • No restrictions in regard to maximum number of partners
  • LLP & its partners are separate from each other
  • Partners are not liable for Act of partners
  • Less Compliance level.
  • No exposure to personal assets of the partners except in case of fraud
  • Less requirement as to preservation of legal records
  • Less Government Interference
  • Easy to dissolve or liquidity
  • Professionals can form Multi-disciplinary Professional LLP, which was not permitted earlier.
Documents

Documents Required

Documents Required For Private Limited Company (All Soft Copy)

  • One Passport size photograph of All Directors. (Image)
  • Self-Attested PAN card copy of All the Directors.(Image)
  • Self- Attested Proof of Identity (Like-Voter ID, Passport, Driving License, Aadhar Card) any one of All the Directors.
  • Business address proof (Any One of Electricity Bill, Telephone Bill, Property, Gas Bill, Tax Bill).
  • If Rented Business (Rent Agreement Copy) or if own (sell deed)
  • Company Name (1 to 6 Names)
  • Company Service or object or product Name

Choose your PackageSimple Prices - No Surprises

STARTER

₹ 7,499 /- /-

LLP Registration :-

  • Two DIN & DSC
  • . one name approval , LLP certificate
  • All Government fee
Popular

ECONOMY

₹8,999 /--

LLP Registration :-

  • Two DIN & DSC ,PAN & TAN
  • one name approval , LLP certificate
  • All Government fee
  • GST and MSME Certificate
Best Buy

PREMIUM

₹14,999 /-

LLP Registration :-

  • Two DIN & DSC ,PAN & TAN
  • one name approval , LLP certificate
  • All Government fee
  • GST and MSME Certificate
  • Trademark Registration

Get answers to all your queriesFAQs On Private Limited Company

A private limited company must have a minimum of two Directors and can have up to a maximum of fifteen Directors. But if you are a sole owner, you can incorporate One Person Company also.

It generally takes 8-10 working days to register Private Limited Company in India. The time is taken for registration totally depends on submission of relevant documents by the client and speed of Government Approvals. To ensure quick and speedy registration, please choose a unique name for your Company. Our registration fees for incorporation are all inclusive.

The Ministry of Corporate Affairs (MCA) mandates that the Directors sign some of the application documents using their Digital Signature. Hence, a Digital Signature is required for all Directors of a proposed Company. Digital Signature application is to be filed to obtain DSC.