Limited Liability Partnership Firm

Limited Liability Partnership Firm
(LLP) as a Business Structure

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 costs. Moreover, the Partners of the firm can coordinate their internal design like an association firm.
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 of LLP is perhaps the least demanding type of business to join and manage.

LLP as
Compared to Private Limited

LLPs are like Private Limited Companies regarding consistency and operational prerequisites. Perceived as a different lawful entity than the partner, it can contract or include any legitimate procedures in its name. That empowers the accomplices of an LLP to isolate business liabilities or obligations being recovered from their resources. However, Compared to a private limited company structure, it is simpler to join and keep up.

What are the Documents required for
LLP registration?

To registering 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 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
Process of LLP Registration

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.

Gold Plan
Gold Plan
₹ 22499/-   ₹ 14999/-
Package Includes
  • ✓ 2 Digital Signatures
  • ✓ 2 Designated Partner Identification Number (DPIN)
  • ✓ LLP Name Approval
  • ✓ LLP Deed Drafting
  • ✓ Incorporation Fees
  • ✓ Certificate of Incorporation
  • ✓ PAN
  • ✓ TAN
  • ✓ Assistance in Bank Account Opening
  • ✓ Basic sense check and proof reading
  • ✓ Complimentary consultancy on GST registration and filings
  • ✓ GST Registation
  • ✓ GST return filing
  • ✓ DIN KYC
  • ✓ Form 11 Filing
  • ✓ GST Certificate
Click here to Start  
Silver Plan
Silver Plan
₹ 11999/-   ₹ 7999/-
Package Includes
  • ✓ 2 Digital Signatures
  • ✓ 2 Designated Partner Identification Number (DPIN)
  • ✓ LLP Name Approval
  • ✓ LLP Deed Drafting
  • ✓ Incorporation Fees
  • ✓ Certificate of Incorporation
  • ✓ PAN
  • ✓ TAN
  • ✓ Assistance in Bank Account Opening
  • ✓ Basic sense check and proof reading
  • ✓ Complimentary consultancy on GST registration and filings
Click here to Start  
Platinum Plan
Platinum Plan
₹ 29999/-   ₹ 19999/-
Package Includes
  • ✓ 2 Digital Signatures
  • ✓ 2 Designated Partner Identification Number (DPIN)
  • ✓ LLP Name Approval
  • ✓ LLP Deed Drafting
  • ✓ Incorporation Fees
  • ✓ Certificate of Incorporation
  • ✓ PAN
  • ✓ TAN
  • ✓ Assistance in Bank Account Opening
  • ✓ Basic sense check and proof reading
  • ✓ Complimentary consultancy on GST registration and filings
  • ✓ GST Registation
  • ✓ GST return filing
  • ✓ DIN KYC
  • ✓ Form 11 Filing
  • ✓ GST Certificate
  • ✓ Filing of LLP Form 8
  • ✓ Preparation and Filing of ITR
Click here to Start  
  • 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 a LLP
  • LLP involves minimum compliance requirement and maximum business ease.
  • LLPs are hybrids enjoying advantages of both company and partnership.
  • LLPs can be incorporated with very minimum capital requirement.
  • They are always first preference of professionals and service providers.
Plan Offer

FAQ
frequently asked questions

frequently asked questions
Who can be a designated partner in an LLP ?
Only an individual can be a designated partner in an LLP.
Yes, non-resident Indians and foreign nationals who want to form an LLP can do so as long as they send the necessary documents and have them notarized by the relevant authorities. However, at least one of the chosen partners in an LLP must be an Indian national.
An LLP may be formed by any group of people who have or want to invest money in a company. According to the Act of 2008, an individual or an investor becomes a partner if the LLP agreement is followed. The investors/partners are also the owners of the LLP-based business.
An LLP arrangement governs the relationship between the individual partners in the LLP and is made between the partners and the LLP. Management procedures, new partner inclusion, policy-making strategies, and other items are typically included in an LLP agreement.
A minimum of two designated partners are required to form an LLP, according to the LLP Act. The appointed partners are in charge of meeting all of the necessary criteria for forming and operating an LLP.
LLPs are often used for start-ups who are not seeking venture capital funding. Due to the fact that venture capitalists only invest in private and public limited companies, this is the case.
Yes, running an LLP is much less expensive than running a private limited company, particularly in the early stages of your business. This is because certain regulations, such as audits, only apply to LLPs when they have a significant amount of revenue. In their first year, most LLPs spend about half as much on registrations and enforcement as a private limited company.

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