LLP is one of the most easiest form of business to register & manage. LLP is highly recommended and ideal for small businesses.Tax Filiing India offers hassle-free online process for Limited Liability Partnership Registration. Easily register your LLP through Tax Filling India.LLPIN is a 7-digit registration number. It consists of both alpha numeric and assigned to LLPs by the Ministry of Corporate Affairs, Government of India.
In India, LLP Registration was made available by the Limited Liability Partnership Act of 2008. The fact that each partner in an LLP is not accountable or liable for the deeds of other partners is a major benefit of an LLP incorporation. An LLP Agreement, which may be easily changed to add or remove partners, governs the relationship between the partners. The procedure is simple and uncomplicated. Creating an LLP is a simple procedure. Unlike the procedure of forming a company, it takes less time and is less complex. We assist startups with launching their LLP entirely online to save unneeded delays.The LLP offers security for your personal assets in the event of a failure, making it a useful way to shield them from the responsibilities of your company. For many small business owners, creating an LLP is a considerably more secure option than establishing a sole proprietorship or general partnership because of this. A 7-digit registration number is the LLPIN. It is made up of both alpha-numeric and assigned to LLPs by the Indian government’s Ministry of Corporate Affairs. Professional companies that form LLPs for partnerships include Chartered Accountants, Company Secretaries, Advocates, recruiting agencies, and consulting firms.
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Any individual or corporate body can be a partner in an LLP. The designated partner needs to be a major i.e. above the age of 18 years.
Even any foreign national or foreign corporate body can be a partner in Indian LLP with the condition that at least one designated partner should be a resident of India.
There is no minimum capital contribution prescribed for LLP under LLP Act 2008. LLP Incorporation in India can be done with any amount.
Minimum of two designated are required to form an LLP. There is no maximum number of members for an LLP.
Yes, you can run multiple business under one LLP Name, there is no issue in that.
Yes, an existing partnership can be converted into LLP by complying with the provisions of LLP Act.
The incorporation of an LLP is an online process and gets incorporated within a week’s time.
However, as it is a legal process, giving an exact timeline is not practical and sometimes due to non-availability of the proposed name of deficient documents of the partners of the registered address it can get delayed
The registered office of the LLP can very well be shifted to another place. The process of shifting the registered address within the state is straightforward and can be completed by filing Form 15 to the ROC.
Yes you can include your any family member in your LLP as a Partner
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