LLP Formation + 2 DSC (Gov Fees & Third Party Charges Extra)

Description

Limited Liability Partnership (LLP) is a unique business structure that combines the features of a partnership and a corporation. It allows the partners to limit their liability to the amount of capital they invest in the business, thereby protecting their personal assets from business debts and liabilities.

Key Features of LLP:

1. Limited Liability: The partners’ liabilities are limited to their agreed-upon contributions to the LLP, which means personal assets are protected.
2. Separate Legal Entity: LLP is a separate legal entity from its partners, which means it can enter into contracts, hold property, and sue or be sued in its name.
3. Flexibility: LLP offers the flexibility of a partnership in terms of internal management and organization, while providing the limited liability protection of a corporation.
4. No Requirement for Minimum Capital: There is no minimum capital requirement to form an LLP, making it accessible for small businesses.

Key Benefits of LLP:

1. Limited Liability Protection: As mentioned, partners are not personally liable for the debts of the LLP.
2. Pass-Through Taxation: LLPs do not pay corporate taxes; instead, the profits are passed through to the partners, who report them on their individual tax returns.
3. Separate Legal Entity: LLPs can own property, enter into contracts, and sue in their name, which provides greater credibility to business dealings.
4. No Ownership Restrictions: LLPs can have any number of partners, and there is no restriction on foreign ownership.

Excluding State Stamp Duty: The formation process excludes state-specific stamp duty charges, which vary from state to state. This means that while the initial registration process involves certain government fees, state stamp duty will be applicable when signing the LLP agreement or other related documents

Document Required

• Registered office address proof.(Electricity bill/ Telephone bill/Gas Bill) (not more than 2 months)
• Rent Agreement (Company name should be mentioned with complete address) (on Rs. 100 stamp paper with Notary)
• Board resolution authorising Director for GST in the company
• NOC (Company name should be mentioned) (on Rs. 100 stamp paper)
• Form -9 of all Partners For Details
• Address proof of the all Partners (Bank statement/Electricity bill/)(not more than 2 months)
• Identity proof of the all Partners  (Driving license/ Voter ID card/passport)
• PAN card and Aadhar card of all Partners
• Digital signature certificate of All Partners
• Email id and mobile number of all Partners
• Passport size photo of all Partner

Next Step:
Instructions:
To avail the benefits of the Limited Liability Partnership (LLP), ensure all necessary documents are ready and valid. After placing your order, kindly send the above-mentioned documents via WhatsApp to 8127089619 for verification and further processing.