LLP
REGISTRATION
Limited
liability partnership is a combination of simple partnership firm and private
limited company.
If
you have partners who share profit and losses in the ratio of partnership or
LLP agreement they are also supported by limited liabilities , this means that
in case they are unable to repay the debts of the LLP , their personal assets
will not be affected.
It
is preferred by professionals like Architects, Designer, Software firms, and
their like to setup their own business.
For
LLP there must be a minimum of 2 members and there is no constraint for maximum
number of partners and capital limitations. One of the partners must be an
Indian Citizen. The advantage of LLP partnership over corporate shareholder is
that, these partners have the rights to manage the business directly.
Five Easy
Steps for LLP Registration
STEP
1: Acquire DSC (Digital Signature Certificate)
STEP 2: Application for DIN (Director
Identification Number)
STEP 3: Name Reservation
STEP 4: Incorporate a LLP
STEP 5: File LLP Agreement
Documents
Required For LLP Registration
- Pan Card
- Voter ID ,Passport or Driving License
- Latest Bank Statement, EB or Gas Bill as Residence Proof
- Passport Size Photo For each director
- Specimen Signature (blank document with signature only from directors).
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