LLP contains elements of both ‘corporate structure’ as well as ‘partnership firm structure’. It is a hybrid between company and partnership. This is a separate legal entity, which is liable to the full extent of its assets but liability of the partners is limited to their agreed contribution in the LLP.

LLP continues its existence irrespective of changes in partners. ie, it has Perpetual Succession. This form of entity can enter into contracts and hold property in its own name.

• Separate Legal Existence
• Limited Liability
• Flexibility of Ownership
• Separation of Ownership and Management
• Tax Planning
• Perpetual Succession
• Low cost of Formation
• Easy to establish
• Easy to manage & run
• No requirement of any minimum capital contribution
• No restrictions as to maximum number of partners
• Less Compliance level
• No exposure to personal assets of the partners except in case of fraud
• Borrowing Power

Since LLP is a hybrid form of Company and Partnership firm, registering LLP consumes lot of time. i.e, right from getting to know the documents required, arranging them, Uploading, following up with the authorities, etc.

We make this journey of you with your LLP in a way not bothering you much on all requirements. This is completely an online service that we provide which requires very less time from your end and we will take care of the process.

Pre-requisites

• Minimum 2 Partners
• At least 1 of the partners should be designated partner and they must be an Indian Resident
• Designated Partner and Partner can be the same
• Place to register as address of LLP

What is included in Package ?

• Help you choose name for the company and check for its availability
• One time Name Reservation(RUN) for the company
• Apply for Designated Partner Identification Number (DPIN)  and Digital Signature certificate (DSC)
• Drafting and filing LLP agreement
• Submit FiLLiP form for incorporation with the registrar.
• Applying for PAN and TAN after getting incorporation certificate with NSDL

Deliverables:

• LLP Incorporation certificate
• LLP Agreement
• Designated Partner Identification Number (DPIN)
• Digital Signature of Partners
• Permanent Account Number (PAN) for LLP
• Tax deduction and collection Account Number (TAN) for LLP

Package Price : Rs.8,000/- incl. GST

Additional Cost:

• Digital Signature per Director Rs.1,500/-(if needed)
• Stamp Duty on Capital Contribution (Govt fees)