Limited Liability Partnership Registration in Arunachal Pradesh
In Arunachal Pradesh, professionals and business owners looking for limited liability protection frequently choose to set up an LLP. LLP registration in Arunachal Pradesh combines the benefits of traditional partnerships and corporations, offering partners limited liability along with flexibility in management and taxation.
There are two types of Limited Liability Partnership (LLP) Registration:
Regular LLP Registration: Forming an LLP in Arunachal Pradesh is an attractive option for entrepreneurs and professionals seeking limited liability protection. LLPs combine the benefits of traditional partnerships and corporations, providing partners with limited liability as well as flexibility in management and taxation.
Conversion LLP Registration Online: A partnership firm can easily transition to an LLP through the Online LLP Conversion Registration process. This process updates the current partners to LLP partners and ensures a smooth transfer of the firm’s assets and liabilities. Converting to an LLP provides various benefits, including limited liability protection for partners, status as a separate legal entity, and potential tax advantages.
Checklist for LLP Company Registration:
Minimum of two designated partners: An LLP must have at least two designated partners, including one who is a resident of the country where the LLP is registered.
Digital Signature Certificate (DSC): An LLP must have a minimum of two designated partners, one of whom must reside in the country where the LLP is registered.
Designated Partner Identification Number (DPIN): An LLP must include at least two designated partners, with one partner being a resident of the country where the LLP is registered.
LLP Agreement: The LLP agreement is a formal document detailing the rights, duties, responsibilities, and management structure of the partners. It must be prepared and filed with the Registrar of Companies (ROC) within 30 days of the LLP's formation.
Address proof: The LLP must submit the required documentation to confirm the address of its registered office.
DOCUMENTS REQUIRED
Documents required for Limited Liability Partnership (LLP) Registration
For Director/Shareholders:
Self-attested Pan card
Self-attested voter ID, driver's license, or Passport
Self-attested Bank statement or electricity/telephone/mobile bill
Recent passport-size photo
For the registered address of the company:
If the premise is rented/leased
Copy of the Electricity bill of the owner
Rent or lease agreement
NOC from the owner of the property
If the premise is Owned
Copy of the Electricity bill of the owner
NOC from the owner of the property
REGISTRATION PROCESS
LLP Registration Process
Name Reservation
Procurement of Digital signatures
Preparation of Incorporation documents
Drafting of LLP Deed
WHY US
What will you get from Us for Limited Liability Partnership (LLP) Registration?
Incorporation Kit
Bank Account opening document
Document Formats
First auditor appointment
Two Class 3 Digital Signatures
2 Designated Partners Identification Numbers
Company Name Approval
LLP Deed
Certificate of Incorporation
An additional benefit of Limited Liability Partnership Registration Online
Bank Account Opening
Free Domain
Free Website up to 5 pages
Listing on Social media platforms
Listing on Google My Business for nearby business
Razorpay/PayU Money payment gateway for online payment
List of the Top 10 Benefits of Arunachal Pradesh LLP Registration
Limited liability: The LLP is required to provide the required records to verify the registered office address.
Legally independent: A Limited Liability Partnership (LLP) functions independently of its partners. This enables the LLP to enter into contracts, own property, and initiate legal actions in its own name.
Management flexibility: A Limited Liability Partnership (LLP) operate as a different legal entity from its partners. This arrangement allows the LLP to enter into contracts, own property, and take legal actions under its own name.
Easy to set up: Establishing a limited liability partnership is a simple and efficient process that involves less paperwork than other business structures.
Perpetual succession: Creating a limited liability partnership is a streamlined process that requires less documentation compared to other business structures.
Tax benefits: LLPs benefit from lower tax rates than companies, and the profits distributed to partners are not subject to further taxation.
Less compliance requirements: LLPs enjoy lower tax rates compared to companies, and the profits distributed to partners are exempt from additional taxation.
Transferability of ownership: LLPs benefit from lower tax rates than companies, and the profits distributed to partners are not liable for further taxation.
Access to funding: LLPs have lower tax rates than companies, and the profits distributed among partners are not subject to extra taxes.
Credibility and brand image: LLPs can obtain funding from partners, investors, and banks, which helps drive their growth and expansion.