Limited Liability Partnership Registration

A limited liability partnership is a body corporate formed and incorporated under the limited liability partnership Act 2008. It is also governed by the LLP Rules, 2009. LLP is a business structure that combines the advantages of Company and the flexibility of a Partnership.    

What is Limited Liability Partnership?

A Limited Liability Partnership is a body Corporate

  • It has a legal entity separate from its partners i.e
  • It is capable of suing and being sued in its own name
  • Can acquire, own, hold and develop or dispose off property
  • Is capable of doing such other things and acts as bodies corporate may lawfully do and suffer.
  • Has a perpetual succession
  • Any change in the partners of a LLP shall not affect the existence, rights or liabilities of the Limited Liability Partnership.

Minimum Requirements for Limited Liability Partnership.

  • Minimum 2 Partners
  • Any individual or body corporate may be a partner.
  • At least 1 designated partner should be an Indian Resident.

Why Limited Liability partnership over Partnership?

  • Limited Liability of the partners.
  • No partner is liable for the misconduct of the other partner.
  • Combination of both the Company and the partnership.
  • Earlier Chartered Accountants, company secretaries etc could not form LLPs, Now they can form LLPs.

What are the documents required to be executed for incorporation?

  In case the Directors are Indian Nationals

  • PAN Card
  • Photograph
  • Address proof- It can be either of the following
  • Passport
  • Voter Id Card
  • Driving License
  • Electricity Bill
  • Telephone Bill
  • Aadhaar Card
  • Residential Proof- It can be either of the following
  • Bank Statement
  • Electricity Bill
  • Telephone Bill
  • Mobile Bill
  • Email Id and Phone Number of the directors.

In case the Directors are Foreign Nationals

  • Passport
  • Photograph
  • Address Proof- It can be either of the following
  • Driving License
  • Residence Card
  • Bank Statement
  • Government Issued form of identity containing address.
  • Residential Proof- It can be either of the following
  • Bank Statement
  • Electricity Bill
  • Telephone Bill
  • Mobile Bill
  • Email Id and Phone Number of the directors.

 Registered Office Proof

In addition to the above documents proof must be provided to validate the registered office address of the company

  • Registered document of the title of the premises of the registered office in the name of the company or
  • The notarized copy of the Lease/rent agreement in the name of the company
  • In case of property is owned by the company then the NOC is required.(format will be provided by us)

   What is included in Limited Liability Partnership Registration in our Package?

  • 2 Digital Signature Certificate
  • 2 Director Identification Number
  • LLP Agreement
  • Certificate of Incorporation
  • PAN and TAN No. of the Company
  • Assistance in opening of Bank Account
  • Life time consultancy of all compliance after the incorporation of LLP
  • 24/7 Mail Support

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