LLP Registration In Alibag | LLP Registration Consultants In Alibag

LLP Registration In Alibag

What is - Limited Liability Partnership Registration - Mumbai

Benefits of a Limited Liability Partnership

The following are the main reasons why people prefer an LLP form for their business structure:

Limited Liability

The members of an LLP are only responsible for a small portion of its debt. In contrast, the personal assets of proprietors and partners are not protected if a sole proprietorship or partnership goes bankrupt.

Separate Legal Entity

A LLP is a distinct legal entity from its partners. It has a continuous existence that results from perpetual succession, i.e., the partners may quit but the firm continues to exist. For the firm to dissolve, both parties must agree on the terms of dissolution.

Flexible Agreement

Transferring ownership of an LLP is also straightforward. A person can readily become a designated partner, at which point the ownership is transferred to them.

Suitable For Small Business

LLPs with less than 25 lakhs in capital and less than 40 lakhs in annual revenue do not require formal audits. Consequently, registering as an LLP is advantageous for small firms and startups.

Eligibility Criteria

To qualify for registration as an LLP, the following requirements must be met:

  • A minimum of two partners are necessary to establish an LLP (no upper limit)
  • If a corporation is a partner, it must be represented by a natural person.
  • Each partner must contribute an agreed-upon amount to the pooled capital
  • A LLP must have a minimum authorised capital of 1 lakh.
  • At least one selected partner must be a resident of India.

Documents Required for LLP Registration - Mumbai

To register a limited liability partnership, you must submit scanned copies of the following documents:

From partners:

  • PAN card or passport (foreign nationals or NRIs)
  • Aadhar card/ voter’s ID/ passport/ driving license
  • Latest bank statement/ telephone bill/ mobile bill/ electricity bill/ gas bill
  • Passport-size photograph
  • Blank document with specimen signature.

Note: One partner is responsible for self-attesting the first three documents. For foreign nationals and NRIs, all documents must be notarized (if in India or a non-Commonwealth country) or apostilled (if from a commonwealth country).

For the registered office:

  • Utility bills
  • Notarized rental agreement in English
  • No-objection certificate from the property owner
  • Sale deed/property deed in English (in case of owned property).

How to Register an LLP with GSTe-Services - Mumbai

Online LLP registration is possible via GSTe-Services. While we make LLP registration a three-step process for you, the actual registration procedure is complex and is described in detail below.

Step 1: Obtaining DSC And DIN

All forms that must be submitted online require the DSC of the directors. Therefore, the first step is to obtain DSCs and DINs for two couples. We collect the relevant data from you and file it on their behalf.

Step 2: Application For Name Approval

We check if the name you want to register under is available and reserve it for your LLP at the same time. You can verify the availability of a name on the MCA portal.

The registrar will only approve the name if the central government does not think it objectionable. The name should not resemble any existing partnership firms, limited liability partnerships (LLPs), trademarks, or corporations.

Step 3: LLP Agreement

The following stage is to draught the LLP agreement and other registration documentation. In a limited liability partnership, an LLP agreement is significant because it establishes the rights and responsibilities of the partners and the relationship between the LLP and the partners. Thus, our professionals draught this agreement with the utmost care.

The partners join into the LLP agreement upon registering the LLP through the MCA site by filling Form 3 online. This step must be completed within 30 days of the incorporation date.

Step 4: LLP Incorporation Certificate

Our team will submit the required forms and paperwork to the registrar. As soon as the registrar confirms all of the papers and documentation, you have your LLP incorporation certificate and are nearly ready to begin conducting business.

Step 5: Apply for Your PAN, TAN, & Bank Account

As soon as you receive the certificate of formation, we will apply for the LLP's PAN, TAN, and bank account.

Limited Liability Partnership Registration Package  Mumbai

The following are included in GSTe-Services’s LLP registration package:

  • DSCs for 2 directors
  • DINs for 2 directors
  • Drafting of MoA & AoA
  • Drafting partnership agreement
  • Registration fees and stamp duty
  • Company incorporation certificate
  • PAN and TAN registration.

We also assist with:

  • A first free consultation, followed by subsequent support to clear every concern you may face
  • Complete support on opening a current bank account
  • Comprehensive and on-time updates on ROC compliances
  • Online accounting software valid for one year
  • A master file that contains all the documentation needed to file the incorporation

Why GSTe-Services Mumbai?

  • As soon as you get the certificate of incorporation, we will apply for your LLP's PAN, TAN, and bank account.
  • Our experts know the law and have helped other businesses register their LLP.
  • You can do all the things you need to do to register your LLP on a simple, easy-to-use dashboard. It is all done online, and you can use a computer or the GSTe-Services on your phone to get to it.
  • In 20 days, you will have your LLP incorporation certificate.
  • Our customer service team is ready to answer any questions you might have.

Who are we -  Top of Form

Limited Liability Partnership Registration Mumbai

We have team of CA, CS, Lawyers experts in the field of Accounting & Taxation handling Limited Liability Partnership Registration  for you.

All Services Under One Roof +91 7045638474