Limited Liability Partnership (LLP) Registration
A new form of Partnership with limited liability of partners.Product Description
- Limited Liability Partnership is a form of partnership where the liability of partners is limited to the extend of capital contributed by them unlike normal partnership
- Easy formation and lesser compliance make this form of entity attractive.
About This Plan
This plan is suitable for individual who wants to opt for partnership but with separate legal existence and limited liability of members. LLPs are required to comply with lesser compliance as compared to private limited companies.
Services Covered
- Name Approval
- Digital Signature of partners
- Drafting of LLP Deed
- Filing of LLP e-forms
- Government fees & stamp duty up to capital of Rs 50000 (Stamp paper is to be provided separately)
- DIN application for designated partners
- Incorporation Certificate
Who Should Buy
- Individuals who wish to form a partnership with separate legal existence
- Companies/Partnership firms who wish to convert business into LLP
- Entrepreneurs who want to form partnership with limited liability
Time Frame (9 Days estimate)
- Make purchase request
- Name Approval application (1-2 days)
- Digital Signature certificate (1 day)
- Incorporation Forms filing (4-5 days)
- Deed drafting (1 day)
- Partnership deed filing (2 days)
Documents To Be Submitted
Document Required
- ID Proof - Scanned copy of PAN Card of all Partners and Voter ID/ Passport/ Driving License
- Address Proof - Latest Bank statement/ Utility bill in the name of partner which should not be older than two months
- Photo - Latest passport size photograph
- Registered Office Proof - No Objection Certificate (NOC) from the owner, Utility bill should not be older than two months and Notarized Rent agreement in case of rented property Registry Proof or House Tax Receipt in case of owned property.
Limited Liability Partnership (LLP) Registration
| LLP Name Search | Free |
| Consultancy on Registration and Name Availability | Free |
| 2 DSC's | 2,000.00 |
| Name Approval | 200.00 |
| Stamp Duty | 1,000.00 |
| Government Fees | 500.00 |
| PAN and TAN Fees | 170.00 |
| Professional Fees | 4,129.00 |
| Total Cost | 7,999.00 + GST |
The above mentioned government fee has been calculated on minimum contribution of Rs.50000
The price varies depending on the partner's contribution, state of registration and the number of partners, foreign partners.
Frequently Asked Questions
It is mandatory for LLP to get its accounts audited if turnover exceeds to 40 lacs or contribution exceeds Rs. 25 lacs in a financial year.
Minimum number of partners in LLP is two while there is no upper limit on the maximum number of partners.
There is no minimum contribution requirement in case of LLP.
Yes, existing partnership firm can be converted into LLP.