A Limited Liability Partnership (LLP) is a popular business structure that combines the benefits of a partnership with limited liability protection for its partners. It is ideal for professionals, small and medium-sized businesses, and entrepreneurs looking for flexibility and security. At Karobaar Adda, we provide end-to-end assistance in registering your LLP, ensuring compliance with all legal requirements.
What is a Limited Liability Partnership?
An LLP is a legal entity formed under the Limited Liability Partnership Act, 2008. It allows partners to manage the business while protecting their personal assets from business liabilities. Unlike traditional partnerships, an LLP has perpetual succession and a distinct legal identity. Benefits of an LLP
- Limited Liability: The personal assets of partners are protected from business debts and liabilities.
- Separate Legal Entity: The LLP is distinct from its partners, offering flexibility in operations and continuity.
- Flexible Management: Partners have the freedom to manage the LLP as per the agreement.
- Tax Advantages: LLPs enjoy simplified tax structures with no dividend distribution tax.
- Ease of Compliance: LLPs have fewer regulatory requirements compared to companies.
Our Services for LLP Registration
- 1. Name Reservation
- Assistance in selecting and reserving a unique name for your LLP with the Ministry of Corporate Affairs (MCA).
- 2. Digital Signature Certificates (DSC)
- Facilitation of DSCs for designated partners to sign documents electronically.
- 3. Partner Identification Number (DIN)
- Application for DIN for all designated partners of the LLP.
- 4. Drafting of LLP Agreement
- Preparation of a customized LLP agreement detailing the rights, duties, and profit-sharing ratio of partners.
- 5. Filing of Incorporation Documents
- Submission of incorporation forms and documents to the Registrar of Companies (RoC).
- Verification and approval of LLP incorporation.
- 6. PAN and TAN Application
- Assistance in obtaining PAN and TAN for your LLP for taxation purposes.
- 7. GST Registration (if applicable)
- Facilitating GST registration for your LLP to enable tax compliance.
Why Choose Us?
- End-to-End Support: From name reservation to incorporation and compliance, we handle it all.
- Expert Guidance: Our team ensures that the registration process is smooth and legally compliant.
- Customized Solutions: We draft tailored LLP agreements to meet your specific business needs.
- Time and Cost-Efficient: Quick turnaround and transparent pricing with no hidden charges.
Who Should Opt for an LLP?
- Professionals and consultants forming partnerships.
- Small and medium-sized businesses seeking limited liability protection.
- Entrepreneurs preferring a flexible business structure with minimal compliance.
Documents Required for LLP Registration
- PAN card and address proof of partners.
- Registered office address proof.
- Passport-sized photographs of partners.
- Digital signature certificates (DSC) of designated partners.
How to Get Started
- Consultation: Schedule a consultation with our experts to understand your needs.
- Documentation: Provide the required documents for verification and processing.
- Incorporation: Let us handle the entire registration process while you focus on your business goals.
At Karobaar Adda, we are dedicated to helping you set up your LLP quickly and efficiently, ensuring compliance and providing ongoing support for your business success. Contact us today to register your LLP and take the first step toward building a secure and flexible business!