Fill up Online application form
Submit Required Documents
Executive apply for DSC
Receive Certificate on Your Email
Executive will submit final application
Exec. apply for Name Approval
Minimum 2 Designated partners
Address proof of office of LLP
DIN of the all Designated Partners
DSC for the all Designated Partners
Two minimum individuals to sign partnership contract
At least one partner must be an Indian resident, which means he has stayed in India for 182 days before the end of last year.
No stipulation for the minimum amount of capital
No limit on the requirement of minimum capital contribution to start a business.
There is no limitation on the maximum numbers of owners for incorporating a partnership firm.
A significant compliance benefit in LLP is not having a compulsion for account auditing.
A limited liability partnership is a partnership in which partners have limited liabilities. It therefore can show characteristics of partnerships and corporations. In an LLP, each partner is not responsible or liable for another partner's misconduct or negligence.
1.Under “traditional partnership firm”, every partner is liable, jointly with all the other partners and also severally for all acts of the firm done while he is a partner.• Under LLP structure, liability of the partner is limited to his agreed contribution. 2.Further, no partner is liable on account of the independent or un-authorized acts of other partners, thus allowing individual partners to be shielded from joint liability created by another partner’s wrongful acts or misconduct. Source - MCA (Ministry of Corporate Affairs)
1. A basic difference between an LLP and a joint stock company lies in that the internal governance structure of a company is regulated by statute (i.e. Companies Act, 1956) whereas for an LLP it would be by a contractual agreement between partners. 2. The management-ownership divide inherent in a company is not there in a limited liability partnership.3. LLP will have more flexibility as compared to a company.4. LLP will have lesser compliance requirements as compared to a company. Source - MCA (Ministry of Corporate Affairs)
"The Innovative LLP Act introduced the concept of limited liability partnership (LLP) to the Indian corporate world in April 2009. In this business, the personal assets of the partners are not redeemed for legal action. This type of partnership is different from a conventional partnership firm where two or more people would settle an agreement and share the mutual benefits of running a company. Limited liability partnership (LLP) forms a legitimate partnership structure where the liability is limited to the amount of money invested by each partner."
To incorporate a Liability Partnership, a minimum of two people are required. A Limited Liability Partnership must have a minimum of two partners and may have a maximum of any number of Partners.
She/he needs to be 18+ and should essentially be a natural person. There aren't any limitations in terms of citizenship or residency. Therefore, the LLP Act 2008 permits Foreign Nationals including Foreign Companies & LLPs to lay down an LLP in India provided a minimum of one designated partner is a resident of India.
There is no fixed amount of capital required for laying down an LLP. There's no requirement to exhibit proof of capital invested during the incorporation process. Partner's contribution may contain both tangible and/or intangible property along with any other kind of benefit to the LLP.
No, this isn’t possible as it is essential for an LLP to go ahead with a lawful business, keeping profits in the purview. Thus, it cannot undertake ‘non-profit’ activities.
An address in India where the registered office of the LLP is going to be situated is required. The premises are often an industrial/residential/commercial where communication from the MCA are getting to be received.
No, you don’t have to be present at our office/ any office for the incorporation. Scanned documents can be sent to us through email. Although, some documents also will need to be couriered to our office.
Id proof and Address proof are essential documents. PAN Card is mandatory for Indian Nationals. In addition, the owner of the registered office premises must provide a No Objection Certificate for having the registered office on his/her premises and must submit his/her identity proof and address proof.
Ease2Bizz can incorporate a One Person Company in 14-20 days. The time taken will depend upon the submission of relevant documents by the client and the speed of approvals. Kindly choose a unique name and ensure you have all the required documents in place.
To incorporate an LLP in a speedy manner, confirm the fact that the proposed name is extremely unique. Names that are almost existing are often rejected and extra time are going to be required.
Once it is incorporated, it will be active and in-existence as long as the annual compliances are met on a regular basis. If they aren't complied with, the LLP will become a Dormant and perhaps get struck off.
First of all, our team completes the entire process in less than 10 days because of its skills and knowledge. Also, working with the best talents of the market, we closely keep a tab on all the amendments made to various laws. We also make it a point to keep you updated with all kinds of compliances. We also inform you about all the requirements on time.
To magnify our results and facilitate the ease of doing business, we always try to work with
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