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LIMITED LIABILITY PARTNERSHIP (LLP)

ADVANTAGES OF REGISTERING A BUSINESS AS AN LLP

Limited Liability of Partner

Operational Flexibility

Separate legal Existence

Lower Compliance Requirements

START YOUR LLP WITHIN 10 DAYS FOR
RS.4599 + ACTUAL GVT FEE

Deliverables vis-a-vis Limited Liability Partnership (LLP)registration

  1. Limited Liability Partnership (LLP) Name
  2. Designated Partner Identification Number (DPIN)
  3. Digital Signature Certificate (DSC)
  4. Customized Limited Liability Partnership (LLP) Agreement
  5. Certificate of Incorporation
  6. PAN
  7. Free filing of LLP FORM NO. 3 with Registrar of LLPs ( Information with regard to limited liability partnership agreement ) within 30 days of incorporation of the LLP
  8. One year compliance guidance free

What is a Limited Liability Partnership ( LLP)?

Limited Liability Partnership ( LLP) is a type of business organisation where two or more persons form partnership with limited liability. Management & Administration of Limited Liability Partnership ( LLP) is in the same manner as a Partnership firm. But, it is treated before law as a corporate entity with limited liability for partners. The law which regulates registration and running of LLP is the Limited Liability Partnership Act, 2008.

How to form a Limited Liability Partnership (LLP)?

1.A minimum of two persons come together to start a Limited Liability Partnership ( LLP). (Note: There is no limit as to the maximum number of partners in a LLP)

They shall apply to Ministry of Corporate Affairs for allotment of name for the LLP. Plse. note that name proposed shall not same or similar to the name of existing company or LLP. You can
check here

2.name availability for LLP Plse. also note that that name proposed shall not same or similar to a already registered trademark or is subject matter of an application pending for registration under the Trade Marks Act. You can
check here
whether the proposed name is based on a trademark registered or is subject matter of an application pending for registration under the Trade Marks Act.

3.Plse. get Digital Signature for one of the partners.

4.Submit application for the registration of the LLP along with the required documents and prescribed government fees.

5.Prepare Limited Liability Partnership Agreement and submit a copy of the agreement with Registrar of LLPs (within 30 days from the date of incorporation)

What are the documents required for LLP Registration?

The following documents of all the promoters are required:

Copy of PAN Card of partners

 A document for Proof of identity of partners – Voters Identity Card or Passport or Driving License (Aadhaar Card is not acceptable)

 A document as residential proof of partners – Bank Statement or Electricity Bill or Telephone bill or Mobile bill ( not older than two months)

 Proof of address of registered office of LLP- Copy of Rent agreement (If rented property) and Telephone Bill /Electricity/ Water bill/Gas bill (Business Place) ( not older than two months) +Landlord NOC.

 Passport size photograph of partners

What is the government fees applicable for LLP registration?

Fee Application for reservation of name

An application for reservation of nameRs.200

Registration fees

Limited Liability Partnership whose contribution does not exceed Rs. 1lakhRs.500
Limited Liability Partnership whose contribution exceeds Rs. 1 lakh but does not exceed Rs. 5 lakhsRs.2000
Limited Liability Partnership whose contribution exceeds Rs. 5 lakhs but does not exceed Rs. 10 lakhsRs.4000
Limited Liability Partnership whose contribution exceeds Rs. 10 lakhRs.5000

Filing fees

Limited Liability Partnership whose contribution does not exceed Rs. 1lakhRs.50
Limited Liability Partnership whose contribution exceeds Rs. 1 lakh but does not exceed Rs. 5 lakhsRs.100
Limited Liability Partnership whose contribution exceeds Rs. 5 lakhs but does not exceed Rs. 10 lakhsRs. 150
Limited Liability Partnership whose contribution exceeds Rs. 10 lakhRs.200

Stamp Duty

LIMITED LIABILITY PARTNERSHIP REGISTRATION

Alappuzha, Ernakulam, Idukki, Kannur, Kasaragode, Kollam, Kottayam, Kozhikode, Malappuram, Palakkad, Pathanamthitta, Thrissur, Wayanad, Trivandrum