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LLP Registration Online
Incorporate your LLP with Vakilgiri’s Professional Support!
For a long time, there has been a demand for a business structure that combines the flexibility of a Partnership firm with the benefits of Limited Liability of a Private Limited Company while maintaining a low compliance cost. Limited Liability Partnership Firms were created as a means of replacing the limitations of partnership firms and the rigidity of companies. This business structure would be beneficial to small and medium businesses in general, as well as businesses in the service sector in particular.
In India, the LLP Company Registration concept was first introduced in the year 2008 and is governed by the Limited Liability Partnership Act of 2008. Recently, the Limited Liability Partnership Firm registration online have become a popular choice among entrepreneurs because it provides advantages of both a partnership firm and a company into a single entity.
The primary requirement for LLP company registration online is a minimum of 2 partners (one of the partner must reside in India). However, there is no upper limit on the maximum number of partners that can be added in a LLP firm registration. The LLP agreement governs the rights and responsibilities of designated partners. They are directly responsible for ensuring that all provisions of the LLP Act, 2008 and the LLP agreement are followed. A Limited Liability Partnership firm (LLP) is a corporate business vehicle that provides its members with the benefits of a company’s limited liability while also allowing them to manage their internal operations & management i.e., similar to a partnership firm.
In terms of liability under a Limited Liability Partnership, only the company is liable for all the losses or debts incurred during the course of business.
TRADEMARK REGISTRATION IN INDIA
Trademark registration in India enables an individual to use signs or keywords to symbolize their company and its products in order to differentiate their products & services from those supplied by their competitors. Once a trademark registration process is complete, it cannot be used by anybody else for as long as it is in use.
In order to protect a brand name against malicious intent of the competitors, trademark registration online plays a crucial role. Once a trademark is registered successfully, the “TM” symbol can be used by the applicant and their brand.
Features of Limited Liability Partnership Firm
Characteristics of LLP
Separate Legal Entity
According to Section 3 of the Limited Liability Partnership Act, 2008, an LLP is a body incorporated and a legal entity separate from its partners with perpetual succession.
Easy to change partners
After LLP registration online, if you wish to change the present management structure, it can be easily done.. Cost of addition or removal of partners is very nominal and hardly take a day to give effect.
No Audit of Books of Accounts
Limited Liability Partnership registration must keep annual accounts, with audits required only if the contribution exceeds Rs 25 lakh or the annual turnover exceeds Rs 40 lakhs. Every LLP must file an annual statement of accounts and solvency with the Registrar of Companies (ROC).
Limited Liability
Partners' liability is limited to the amount of money they put into the business. A partner is responsible for his own wrongdoings. An individual is not liable for the negligence or misconduct of the other partner.
Quick Business Transfer
Transferring the ownership of LLP is quite simple. All you have to do is to appoint new designated partners and remove the old ones. That's it!
Lower Annual Compliance fees
Annual Compliance fees are extremely lower than that of Private Limited Companies as Audit of Books of Accounts are not required upto prescribed limit.
Attracts more Customers
New Customers often attracts to registered. stable and fast growing businesses. Thus, LLP's comes into this picture. Customers rely more on this type of business structures.
Perpetual Existence
LLP has Perpetual Succession, i.e. uninterrupted existence until it is legally dissolved. LLP is unaffected by the death or other departure of any partner but continues to be in existence.
Brand Building
Branding is crucial aspect of LLP because it is the visual voice of the company and it is easy for LLP's to emerge as a brand. Also, customers, banks, etc are attracted towards a brand, giving LLP registration an advantage
Documents for LLP Registration
This is all we need from you
For successful completion of LLP Registration, following are the documents required for the same:
- PAN Card of Applicant
- Aadhaar Number of Applicant
- Email id and mobile number of Applianct
- Bank Account number & IFS Code (IFSC)
- Few details such as number of employees, date of starting your business, basic business activities, investment in plant and machinery/equipment.
- Mobile Number & Email Ids
LLP Registration Procedure
Steps to register Limited Liability Partnership
1. Preprations of DSCs
1st we apply for DSCs and then DPIN (Designated Partner Identification Number) of all the Partners. Digital Signatures are required for signing all the documents while incorporating your LLP.
2. Choosing LLPs Unique Name
Meanwhile applying for your DSCs, we help you in selecting Unique Name for your dream LLP. This process completes on same day.
3. Preparation of LLP Deed
Next, LLP Deed is to be prepared on Stamp Papers, which determines the mutual rights and duties between the LLP and the partners and amongst the partners.
4. Preparing Form & Docs
After completing the above 3 steps, we now start preparing all the necessary e-forms and documents that are required for LLP registration process online. These forms and documents once prepared are sent to you for verification and are then filed on the portal.
5. Filing e-forms with MCA
After completing all the formalities and documents, we upload e-forms prepared in step-4 on the MCA portal which takes approx 2 days for either approval or rejection. This is the last step towards your Limited Liability Partnership Registration online.
6. Allotment of LLPIN, COI, PAN
The department verifies the forms & documents & upon verification approves the incorporation. After obtaining approval from MCA, it will issue Certificate of Incorporation, then we will apply for PAN & TAN. CONGRATULATIONS!! Your registration of LLP company is now complete. You can now start the operations...
FAQs
Few doubts important to be resolved quickly
- 1 Do we need your Physical presence during LLP Incorporation Process?
- No, Limited Liability Partnership Incorporation is a fully online process as all the documents and e-forms are to be filed electronically on MCA Portal.
- 2 What is Digital Signature Certificate (DSC)
- The DSC is an instrument which looks like a pen drive but it is nothing like a pen drive. It enables you to sign the documents electronically. As all documents needed are electronic, directors need a DSC.
- 3 What is the annual cost to run a Limited Liability Partnership?
- You can expect an annual expenditure of around Rs.15000 which involves 3 important aspects: Accounting & Auditing, Annual Compliance & Misc. Compliance expenditure.
- 4 What is LLP Deed?
- LLP Deed is document containing agreement, rules and regulations between the partners and the LLP. LLP agreement mainly consists of Name of the LLP, Date of the agreement and parties of agreement, Partners’ contribution and method of contribution, LLP record keeping and bank arrangement, Method of appointment/ Disassociation of partners, etc.
- 5 What is the minimum & maximum limit of partners in LLP?
- For new LLP registration online, a minimum of 2 partners are required. However, there is no upper limit on the maximum number of partners that an LLP can have.
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Our Incredible Packages
Inclusive of Government Fees
GOLD
₹ 6499/- (+ Govt Fees)
₹13999
- Registration within a week
- Capital upto 1 lakh*
- 2 DIN & 2 DSC
- Incorporation Certificate
- LLP Deed & PAN
- 200+ Document Formats
- Udyam Registration
- ISO Certification (1 Year)
- GST Registration*
- Professional Website
- 1 year Domain & Hosting
- Basic On-Page SEO
- Analytics & Web mails
- Trademark Registration
- ITR of LLP
- Annual Compliances
PLATINUM
₹ 6499/- (+ Govt Fees)
₹13999
- Registration within a week
- Capital upto 1 lakh*
- 2 DSC & 2 DIN
- Certificate Of Incorporation
- LLP Deed & PAN
- 200+ Document Formats
- Udyam Registration (MSME)
- ISO Certification (1 Year)
- GST Registration*
- Professional Website
- Website Support for 1 year
- 1 year Domain & Hosting
- Basic On-page SEO
- Google Analytics & Web mails
- Trademark Registration
- ITRs of LLP
- Annual Compliances
GOLD
₹ 6499/- (+ Govt Fees)
₹13999
- Registration within a week
- Capital upto 1 lakh*
- 2 DIN & 2 DSC
- Incorporation Certificate
- LLP Deed & PAN
- 200+ Document Formats
- Udyam Registration (MSME)
- ISO Certification (1 Year)
- GST Registration*
- Professional Website
- 1 Year Domain & Hosting
- Website Support for 1 year
- Google Analytics & Web mails
- Trademark Registration
- ITR of LLP
- Annual Compliances
DIAMOND
Bronze Package
Pricing plan for startup company
149
- Collaboration with up to 10 users
- Collaboration with up to 10 users
Why Choose Us?
Best Online Company Registration in India
7 Working Days
We provide the fastest Online Company Registration Services in India. Our team knows the importance and thrill of getting your first company registration. Thus, delivers services with utmost seriousness.
Personal Assistant
Once, you decide to get started with your company registration process with us, we assign you a personal dedicated assistant who ensures a smooth & efficient user experience and answers all your queries on time.
Lowest Price In India
“First step is always that toughest”; we have redefined this phrase and thus help you take your first step towards entrepreneurship with ease. You can rely on Vakilgiri- Best CA Consultants in India as we are committed to serve you at the lowest possible cost.
Best Customer Support
We are very committed to serve you with the best of our capabilities. Reach out to us even at odd hours. We will gladly resolve your queries. That’s why we have a whopping “5-star rating” on Google. You can reach out to us via call, SMS, email, Whatsapp anytime, anyday
Easy Uploads & Downloads
Since, the incorporation is 100% online, we have developed a CRM through which you can upload and download the required e-forms and documents and can also track the process your online company incorporation. Our system is 100% transparent. Thus, we don’t have anything to hide.
