Limited Liability Partnership (LLP)
Use LegalMedia to Launch Your Ideal Business.
For the lowest fees, register your new business as a Limited Liability Partnership (LLP) with LegalMedia. LegalMedia is a registered MSME and MCA (Ministry of Corporate Affairs) business in India. All of the documentation will be drafted and completed by our seasoned (10+ years) CA/CS.
100% Online Process
Limited Liability Partnership (LLP) Registration in India
The Limited Liability Partnership (LLP) is a modern and beneficial business form. An LLP provides a flexible platform for entrepreneurs to work together and create with confidence by combining the advantages of partnership dynamics with the security of limited liability.
LegalMedia makes it incredibly simple to register a limited liability partnership in India. Numerous companies rely on us to assist them with registering their limited liability partnerships and making sure they abide by the regulations. From start to finish, our team of professionals will walk you through the online registration process. All you need to do is get in touch with us; it’s the quickest and least expensive method of LLP company registration. Register for an LLP online right now to position yourself for future company success.
What is an LLP?
A Limited Liability Partnership (LLP) is a special kind of business structure that combines the characteristics of a company and a partnership. Like shareholders in a company, partners in an LLP have limited liability and enjoy the simplicity and flexibility of a partnership. This agreement gives the LLP its legal identity, enabling it to file lawsuits and be sued independently of its partners.
Because they protect members’ assets and have less legal requirements than typical companies, limited liability partnerships (LLPs) have gained popularity among entrepreneurs across a range of industries. The Limited Liability Partnership Act governs the LLP concept, which was first adopted in India in 2008 and provides a flexible and reliable choice for companies of all sizes.
Documents for LLP Partnership Registration
Two Colour Photographs of Promoters/Individuals/ Company/ Director
PAN Card of each Shareholders and directors
Identity Proof (Voter ID / Driving License/ Passport)
Address Proof (Bank Statement / Electricity, Mobile, Telephone Bill)
Proof of Registered Office
Utility Bill as proof must be Latest
Advantages of LLP
The advantages of a Limited Liability Partnership (LLP) are elaborated in detail below:
- Own Legal Identity: An LLP is like its own person, just like big companies. This helps people trust and work with it, as it can do legal things independently.
- Less Risk for Partners: LLP partners are only responsible for what they put in. They don’t have to pay for all the debts or losses, which is good for their reputation.
- Saves Money and Time: To register LLP, the costs are less and have fewer rules than big companies. There’s less paperwork to do every year.
- No Fixed Money Needed: You don’t need much money for LLP company registration. Partners can put in whatever amount they want.
Disadvantages of LLP
Despite a few inherent drawbacks, Limited Liability Partnerships (LLPs) undoubtedly offer many benefits:
Getting in Trouble for Breaking the Rules: Although LLPs are subject to fewer regulations, they may nonetheless face significant penalties for failing to comply with them on time. An LLP must notify the government or risk fines even if it does nothing for a year.
Closing an LLP: A minimum of two partners are required for an LLP. If it has less than two partners for six months, it has to quit. Additionally, if it is unable to pay its debts, it may have to close.
Difficult to Get Big Money: LLPs don’t operate like large corporations where investors can invest and eventually become owners. This makes obtaining large sums of money from investors difficult.
Process of Registering LLP Company
1.Fill our Registration Form & Make the Payment.
2.Expert Will Call You & Receive All the Necessary Documents.
3.Will Create DSC & the DIN Number of Director.
4.LLP Deed Drafting & Submit.
5.Your Documents will be Filed & Submitted to the ROC.
6.Congratulations! You’ve registered your company.Certificates will be sent by post.
Price
Standard
₹11999
- LLP Company Regisgration (Government fees included)
- Udyam Registration
Combo
₹22999
- LLP Company Regisgration (Government fees included)
- Udyam Registration
- One year All Compliance filling(Govt Fees Included)
