Reason,Why you Should go for a LLP Registration !
Limited Liability Partnership is a special type of Partnership firm that has limited liability. This kind of entity provides limited liability while maintaining simple procedures. It has garnered more than a lakh registrations up till the present. Do you know that there is no limit on how many partners utmost can be part of the firm?
Problems do happen during the passage of time in any business and especially in LLP, business has got some extra features such as the ability to sue anyone who has caused the company to suffer. This means that judicial intervention is possible without any boundaries.
An LLP is recognized as a valid and legal entity which has got a unique name and set of laws. Plus, liability is limited as opposed to unlimited liability that can be observed in a Partnership Firm. However, this also implies that an LLP company would be enjoying lesser features when compared to Private Limited Company.
Process to Register a LLP Registration online in india !
- Acquiring Digital Signature of the partners.
- Partners need to be allotted with DIN
- Name approval for the LLP from ROC.
- Registration Certificate.
- Agreement Drafting
- Filing with ROC.
- Opening an account with Bank followed by obtaining the TAN and PAN number.
Documents required for LLP Registration
- Minimum 2 partners Required
- Name of thre Proposed LLP Firm
- Pan Card, Adhar Card, Photo, Mobile No & Mail Id of partners
- Electricity Bill & Rent Agreement
- NOC from Landlord.
- Bank Statement of Partners
- If the property is not rented but owned, then Property papers/Electricity bill
