Registration of an LLP in India
Opening your own business in India was never easier, With the advent of Limited Liability Partnerships, a business structure was created that incorporated the best features of both partnerships and companies. Modern, flexible, and scalable, this business form known as the LLP protects partners by limiting one's liabilities. In India, it falls under the purview of law with the enactment of the Limited Liability Partnership Act 2008. LLP is ideal for small and medium businesses where the entrepreneurs intend flexibility and protection of law
At YKG Corp, we make the LLP registration process smooth and trouble-free. Our team of experts will be responsible for all the legal and regulatory requirements so that you can continue to expand your business.
Why Choose LLP?
- Limited Liability
- Flexible Structure
- No Minimum Capital Requirement
- Separate Legal Entity
LLPs require less compliance as compared to other business entities such as Private Limited Companies. Hence, these are simpler to manage than those structures.
Eligibility Criteria of LLP Registration in India
The following are the conditions required for the registration of the LLP in India:
- Minimum 2 partners
- Registered Office in India
Documents Required for LLP Registration Documents Required for Partners
- PAN Card
- Address Proof
- Recent Passport-sized Photographs
LLP Registration Process in India
1. Get DSC (Digital Signature Certificate)
Digital Signatures are necessitated for signing e-forms for LLP registration.
2. Apply for DPIN (Designated Partner Identification Number)
DPIN is a unique identification number allotted to all designated partners of the LLP.
3. Reservation of LLP Name
We will check the availability of the name of your LLP and will forward the application for its reservation to the MCA.
4. Incorporation Document Filing
We draft and file incorporation documents, that is, the LLP Agreement along with other forms, to the MCA.
5. Certificate of LLP Registration
Once the documents get approved, the MCA issues the Certificate of Incorporation. This would incorporate your LLP in the eyes of law.
6. LLP Agreement Filing
The last step is to file LLP Agreement with MCA that describes the rights and duties of the partners.
Compliance post LLP Registration
LLP after registration has to comply with only a few compliances. These are as follows:
- Annual Filing of Returns to MCA
- Books of Accounts to be maintained
- Filing Income Tax Return
- Compliances regarding GST- if applicable
We can help you facilitate these requirements and achieve timely compliance to avoid any additional penalties imposed.
Why Choose YKG Global for Registration of LLP?
We take up the whole process, right from documentation to filing.
Expert Consultation: Our team of experienced professionals offers personalized consultation that guides you properly to make the right decisions for your business.
Competitive Pricing: We ensure that our pricing is transparent, with no hidden charges, so that you receive true value for money.
Fast and Smooth Process: Our seamless processes ensure that your LLP gets registered in as little as 10-15 working days.
