Limited Liability Partnership Registration in Delhi

In India, registering a Limited Liability Partnership (LLP) offers a hybrid business model that combines the benefits of a Company with the flexibility of a Partnership firm. An LLP in Delhi stands out from traditional partnerships by being a separate legal entity. This distinction allows it to enter into contracts, own property, and carry out business activities independently. Register Limited Liability Partnership in Delhi provides businesses with the legal protection and operational flexibility they need to thrive.

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

Regular LLP Registration: This is the typical type of Online LLP Registration, where the LLP is established primarily for business purposes. The partners manage the business, and the LLP is subject to taxation under the Income Tax Act.

Conversion LLP Registration Online: An existing partnership firm can be converted into an LLP by completing the Conversion LLP Registration Online process. Through this registration, the partners of the partnership firm become the designated partners of the LLP, and the firm's assets and liabilities are transferred to the LLP. Converting a partnership firm to an LLP offers several advantages, including limited liability for the partners, separate legal entity status for the LLP, and potential tax benefits.

Checklist for LLP Company Registration:

1. Minimum of two designated partners: An LLP is required to have a minimum of two designated partners, with at least one of them being a resident of the country in which the LLP is registered.
2. Digital Signature Certificate (DSC): All designated partners are required to obtain a DSC to electronically sign documents.
3. Designated Partner Identification Number (DPIN): All designated partners are required to obtain a DPIN from the Ministry of Corporate Affairs (MCA) or the appropriate authority in their respective country.
4. LLP Agreement: An LLP agreement is a legal document outlining the rights, duties, and responsibilities of the partners and the management of the LLP. It is mandatory to draft this agreement and submit it to the Registrar of Companies (ROC) within 30 days of incorporation.
5. Address proof: The registered office of the LLP must provide valid address proof.

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 India

• Limited liability: The partners of an LLP are only liable for the debts and obligations of the LLP up to the amount of their contribution. Their personal assets remain protected and are not at risk
• Separate legal entity: A Limited Liability Partnership (LLP) is a distinct legal entity separate from its partners. This allows it to enter into contracts, own property, and initiate or defend legal actions in its own name.
• Flexibility in management: The partners of an LLP have the flexibility to manage the business and make decisions independently, without interference from external shareholders.
• Easy to set up: Establishing a Limited Liability Partnership is a straightforward and expedited process that involves less documentation compared to other types of business entities.
• Perpetual succession: An LLP enjoys perpetual succession, which ensures that it remains in existence even if a partner departs or dies.
• Tax benefits: LLPs benefit from a lower tax rate compared to companies, and partners are not taxed on the profits they receive from the LLP.
• Less compliance requirements: LLPs have fewer compliance requirements compared to companies, which means that the cost and time involved in compliance are lower.
• Transferability of ownership: Ownership of an LLP in India can be smoothly transferred, and the LLP will remain operational despite changes in ownership.
• Access to funding: LLPs can obtain funding from partners, investors, and banks, which helps support business growth and expansion.Top of Form
• Credibility and brand image: Registering as an LLP boosts the business's credibility and professional reputation, which can be key to attracting customers, investors, and partners.