Are you looking for partnership business setup in India? LLP act that governs partnership form of business under Registrar of Companies. LLP company registration in India, LLP formation, LLP registration cost, limited liability partnership formation will be set up with professional guidance at affordable cost in India. The perfect professional services firm structure, such as ad agencies and financial advisors. Check out all about LLP Company registration in India from us!
LLP (Limited Liability Partnership) is governed by the 2008 act of Limited Liability Partnership. It offers benefits of minimal maintenance and limited liability to its owners. The private limited company directors have limited liability to owners. In case of any defaults, the creditors or bank have no rights to sell the directors personal assets but can sell the assets of the company. LLP has become the best organization form among businessperson as it incorporates the advantages of company and partnership firm into a single type of organization.
There should be one or two proposed names to be provided to the MCA. Subject to naming guidelines, MCA processing time, and availability, the name approval will be made within 2 to 5 working days.
Getting DSC (Digital Signature Certificate) is the first step for your company partner. You can obtain DPIN and DSC within couple of working days for all partners. In the case, if partners have DPIN and DSC, then you can go to the next step.
LLP agreement is vital in LLP as it determines the duties and mutual rights between LLP and partner as well as among the partners. The partners are a part of LLP agreement formation during the LLP registration and this has to be done by completes the form 3 available on the MCA portal. The procedure has to be followed up within 30 days of your business initiation.
Once the registrar approves your incorporation form, you will be LLP registered. Now you need to obtain the LLP incorporation certificate. You need to make sure you submit all required documents to the registrar. The time frame of obtaining LLP incorporation certificate is between two to twelve days.
You need to apply for the company TAN and PAN with the NSDL once you get the incorporation certificate. With these documents you can go for current account opening to commence your business. LLP Registration, you can make it done around three weeks.