Limited Liability Partnership Registration in Assam

LLP company registration in Assam is a preferred choice for entrepreneurs and professionals seeking limited liability protection. LLPs combine the benefits of traditional partnerships with those of corporations, granting partners limited liability and offering flexibility in management and taxation.

There are two types of Limited Liability Partnership (LLP) Registration:

Regular LLP Registration: Setting up an LLP in Tripura is a compelling option for entrepreneurs and professionals seeking limited liability protection. LLPs combine the advantages of traditional partnerships and corporations, providing partners with limited liability while offering flexibility in both management and taxation.

Conversion LLP Registration Online: A partnership firm can easily convert to an LLP through the Online LLP Conversion Registration process. This procedure updates the existing partners to LLP partners and ensures a smooth transfer of the firm's assets and liabilities. Converting to an LLP provides several benefits, including limited liability protection for partners, designation as a separate legal entity, and potential tax advantages.

Checklist for LLP Company Registration:

1. 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.
2. Digital Signature Certificate (DSC): An LLP must have a minimum of two designated partners, including at least one who is a resident of the country where the LLP is registered.
3. Designated Partner Identification Number (DPIN): Each designated partner is required to secure a Digital Signature Certificate (DSC) for the electronic signing of documents.
4. LLP Agreement: The LLP agreement is an official document that specifies the partners' rights, duties, responsibilities, and management structure. It must be created and filed with the Registrar of Companies (ROC) within 30 days of the LLP’s incorporation.
5. Address proof: The LLP must submit the required documents to verify 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 or Driving license or Passport
• Self-attested Bank statement or electricity/telephone/mobile bill
• Recent passport-size photo

For Registered address of 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

1. Bank Account Opening
2. Free Domain
3. Free Website up to 5 pages
4. Listing on Social media platforms
5. Listing on Google My Business for nearby business
6. Razor pay/Payu money payment gateway for online payment

Top 10 advantages to registering as LLP Registration in Assam

• Limited liability: The LLP must provide the relevant documentation to validate the address of its registered office.
• Separate legal entity:  A Limited Liability Partnership (LLP) operates as an independent legal entity, distinct from its partners. This enables the LLP to enter into contracts, hold property, and pursue legal actions under its own name.
• Flexibility in management: A Limited Liability Partnership (LLP) operates as a distinct legal entity, separate from its partners. This setup permits the LLP to enter contracts, own property, and pursue legal actions under its own name.
• Easy to set up: Creating a Limited Liability Partnership is a simple and efficient process that demands less documentation than other business structures.
• Perpetual succession: Setting up a Limited Liability Partnership is a streamlined process that involves less paperwork than other business structures.
• Tax benefits: LLPs enjoy lower tax rates than companies, and profits distributed to partners are free from additional taxes.
• Less compliance requirements: LLPs enjoy reduced tax rates compared to companies, and profits shared with partners are not subject to further taxation.
• Transferability of ownership: LLPs enjoy lower tax rates than companies, and the profits distributed to partners are not subject to further taxation.
• Access to funding: LLPs have the ability to obtain funding from partners, investors, and banks, aiding their growth and expansion.
• Credibility and brand image: LLPs can secure funding from partners, investors, and banks, which supports their development and growth.