Limited Liability Partnership
LLP Registration in India was introduced in the year 2008. It is a hybrid model of both partnership and limited company structure. It differs from the conventional business structure that combines the benefit of a company and the flexibility of a partnership firm.
The LLP Company Registration is regulated by the Limited liability Partnership Act, 2008. According to this act, a minimum of two partners is required, and there is no upper limit as such. The LLP agreement clearly states the rights and duties of all the partners and all the provisions in the agreement are compiled and specified by the partners only. The prime reason for its evolution is that it shields one partner from the unauthorized actions of other partners while limiting their partnership liabilities.
LLP structure is usually prioritized by the professionals or micro & small-scaled business owners or family-owned businesses.
Benefits of LLP Registration
The procedure of Limited Liability Partnership Registration
Step 1: Obtain Digital Signature Certificate (DSC)
Step 2: Apply for Director Identification Number (DIN)
Step 3: Fill LLP-RUN (Limited Liability Partnership-Reserve Unique Name) for the reservation of the name
Step 4: Incorporation of Limited Liability Partnership
Step 5: File LLP Agreement
Documents for LLP Registration
A. For Partners
B. For LLP
Requisites of Limited Liability Partnership Registration
How Muneembhai Simplifies the Process of Registering a Company?
We understand the requirements of your business and provide you with a comprehensive suite of customized solutions that suit your needs at nominal cost.
With our team of CA, CS, and lawyers, we manage the complete process; right from managing the business registration process to overseeing your budget expenditure to ensure that your preliminary expenses don't exceed the limit for longer financial stability.
Being a technology-driven platform, we strive to foster your business growth!
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