LIMITED LIABILITY PARTNERSHIP FIRM

(LLP) AS A BUSINESS STRUCTURE

A limited Liability Partnership is a type of business structure that offers additional advantages in comparison to a
partnership firm it gives restricted risk to its partners at a very nominal consistency cost.

It is managed as a legally binding understanding between the accomplices under the Limited Liability Partnership
Act, 2008. It has quickly become a popular choice for services and professional firms like Chartered Accountants,
recruiting firms, consulting businesses, and so on.
A Limited Liability Partnership consolidates the benefits of both the Company and Partnership into a solitary type
of association and one partner isn't dependably liable for another partner's misconduct or carelessness. Similarly,
to that LLP is perhaps the least demanding type of business to join and manage.

WHAT ARE THE DOCUMENTS REQUIRED FOR

LLP REGISTRATION?
To register an LLP company, various documents are to be submitted-

• For the Partners

• 1. PAN Card or Passport for Foreigners.
• 2. Aadhar Card/ Voter ID/ Passport/ Driving License, or any other document issued by the government.
• 3. Old bank statement or telephone bill, Less than 3 months.

• Registered Office Proof

• 1. Copies of the Proof of Registered Office
• 2. DSC-Digital Signature Certificate
• 3. Proof of evidence of any utility service like telephone, gas, electricity, etc. Outline the office address in the
name of the owner or document, which is not older than two months.

Note: In the case of NRI or Foreign National, documents of the partner must be notarized or apostilled

AT FILING BY EXPERT, WE MAKE THE

PROCESS OF LLP REGISTRATION.

• Step 1: Starting with the arrangement (LIMITED LIABILITY PARTNERSHIP agreement) of the basic documents of
Partners
• Step 2: Fill in an online form with accurate information
• Step 3: Apply for Digital Signature and DIN of Partners
• Step 4: Prepare all legal documents
• Step 5: Apply to name availability of the proposed LLP
• Step 6: Verification of all documents and forms by the Government dept and authorities
• Step 7: File Incorporation Docs with ROC
• Step 8: Get LLP Incorporation Certificate
• Step 9: Drafting of LLP Agreement
• Step10: Filing of LLP Agreement
 HOW MUCH TO PAY FOR

LIMITED LIABILITY PARTNERSHIP?

Limited Liability Partnership would vary from INR 7999/- to INR 19999/- depending upon the plan you choose.

• LLP can be converted into a company.

• Maximum two names can be given at a time for name reservation.
• At any time, there must be two designated partners in an LLP
• LLP involves minimum compliance requirements and maximum business ease.
• LLPs are hybrids enjoying the advantages of both company and partnership.
• LLPs can be incorporated with the very minimum capital requirement.
• They are always the first preference of professionals and service providers.