Limited Liability Partnership Company Registration in Bangalore
In Just 15 days . From Any where in India. In just 3 Simple Steps
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Basic
Everything is included until the issue of the certificate of incorporation
- Two Digital Signature
- DIN For Two Directors
- Name Approval of LLP
- LLP Registration Certificate
- LLP e-PAN & TAN
- LLP Agreement & Form 3
Silver
Perfect for startups to start operations immediately after incorporation.
- Everything of Basic Pack +
- Dedicated Relationship Manager
- Bank A/c Opening Support
- GST Registration
- MSME Registration (Udyam)
- Incorporation Kit
Gold
Ultimate pack for incorporation of a company with no worries for six months.
- Everything from Silver Pack +
- GST Ready Cloud A/c Software
- GST Return for Six Month
- TDS Return for Six Month
- Priority Processing
- Free Tax Consultation
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Overview
Limited Liability Partnership (LLP) combines the benefits of a partnership with that of a limited liability company. In India, it took shape after January 2009 and was an instant success with startups and professional services. The idea behind LLP was to provide a form of business that is easy to maintain and benefit owners with limited liability.
Advantages
Limited Liability: The members of an LLP are only liable for a small amount of debt incurred by the firm. In case of bankruptcy, the personal assets of the partners will not be taken into account. On the other hand, for proprietorships and partnerships, the personal assets of directors and partners will be seized if the business goes bankrupt.
Separate Legal Entity: An LLP is a separate legal entity from the partners in it. It has an uninterrupted existence that follows perpetual succession, i.e., the partners might leave, but the business remains. The terms of dissolution have to be mutually agreed upon for the firm to dissolve.
Flexible Agreement: Transferring the ownership of an LLP is also simple. A person can easily be inducted as a designated partner and the ownership is transferred to them.
Suitable For Small Business: LLPs having a capital amount less than ₹25 lakhs and turnover below ₹40 lakhs per year do not require any formal audits. This makes registering as an LLP beneficial for small businesses and startups.
Process
STEP 1
Documentation:
Before beginning the process of LLP registration, we advise that you arrange all required documents, as missing even one of them can lead to your application getting rejected.
STEP 2
Select name of the LLP
The name of your LLP should not only be practically viable but also in compliance with the necessary guidelines drawn by different laws, including the Companies Act (2013).
STEP 3
Draft LLP Agreement
LLP Agreement, signed by all its partners, is the basis for the formation of the LLP. Therefore, it is essential that you draft the agreement, before creating an LLP.
STEP 4
Fill Out the FiLLiP Form for LLP incorporation
Now that every prerequisite is fulfilled, you can fill out and submit the application for LLP registration, FiLLiP, with the prescribed documents and application fee to the RoC.
STEP 5
Issue of Incorporation Certificate
After having examined the submitted application, the Registrar of Companies will issue a Certificate of Incorporation as a conclusive proof that the LLP has been registered.
STEP 6
Register LLP Agreement
Within 30 days of registration of LLP with the Registrar of Companies, a copy of the LLP Agreement, stamped by a public notary, needs to be submitted for registration.
Benefits
How to Register?
You can register LLP online. While we make LLP registration a simple 3-step process for you
Step 1: Obtaining DSC And DIN
Step 2: Application For Name Approval
Step 3: LLP Agreement
Step 4: LLP Incorporation Certificate
Step 5: Apply for Your PAN, TAN, & Bank Account
Documents Required
The following LLP registration requirements has to submitted while registering the firm:
- 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
- Subscriber and consent sheet.
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)
Why Bizivalue ?
Registering a company offers many benefits. A registered company makes it genuine and increases the authenticity of your business.
– Shields from personal liability and protects from other risks and losses.
– Attracts more customers
– Procures bank credits and good investment from reliable investors with ease.
– Offers liability protection to protect your company’s assets
– Greater capital contribution and greater stability
– Increases the potential to grow big and expand
– You will also get Zero Balance Current Account
Faqs
The registrar of companies (RoC) across India expect applicants to follow a few naming guidelines. Some of them are subjective, which means that approval can depend on the opinion of the officer handling your application. However, the more closely you follow the rules listed below, the better your chances of approval. First, however, do ensure that your name is available.
If you have all the documents in order, it will take no longer than 15 days. However, this is dependent on the workload of the registrar.
No, new company registration is a fully online process. As all documents are filed electronically, you would not need to be physically present at all. You would need to send us scanned copies of all the required documents & forms.