• DPIN for 2 Partners
• Digital Signature For 2 Partners
• Name Search & Approval
• PAN Card
• LLP Agreement
• ROC Fees & Pan Card
• “GST and MSME” Registration
• Documents For opening a Bank Account

Documents Required:

• Copy of PAN Card of Partners
• Passport size photograph of Partners
• Copy of Aadhar Card/ Voter identity card of Partners
• Copy of Rent agreement (If rented property)
• Electricity/Water bill (Business Place)
• Copy of Property papers(If owned property)
• Landlord NOC (Format will be provided)

Limited Liability Partnership (LLP) was introduced in India by way of the Limited Liability Partnership Act, 2008. The basic premise behind the introduction of Limited Liability Partnership (LLP) is to provide a form of business entity that is simple to maintain while providing limited liability to the owners.

LLP is one of the easiest form of business to incorporate and manage in India. With an easy incorporation process and simple compliance formalities, LLP is preferred by Professionals, Micro and Small businesses that are family owned or closely-held. Since, LLPs are not capable of issuing equity shares, LLP should be used for any business that has plans for raising equity funds during its lifecycle.

The main advantage of a Limited Liability Partnership over a traditional partnership firm is that in a LLP, one partner is not responsible or liable for another partner's misconduct or negligence. A LLP also provides limited liability protection for the owners from the debts of the LLP. Therefore, all partners in a LLP enjoy a form of limited liability protection for each individual's protection within the partnership, similar to that of the shareholders of a private limited company. However, unlike private limited company shareholder, the partners of a LLP have the right to manage the business directly.

Features:

• Separate legal entity
• Limited liability
• Borrowing Capacity
• Easy Transferability
• Audit not required*