Limited Liability Partnership Registration in Goa

Goa is a rapidly growing state in India, offering excellent opportunities for new business ventures. If you’re planning to start a business in Goa and need LLP Registration Services, you’ve come to the right place. Startup CA provides comprehensive business and startup registration services in Goa. We streamline the LLP registration process, ensuring your business is set up for success. Our team will handle all the necessary documentation and secure your registration certificate, so you can get your business up and running smoothly.

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

Regular LLP Registration: This is the standard Online LLP Registration, where the LLP is primarily established for business purposes. The partners manage the LLP, which is taxed according to the Income Tax Act.

Conversion LLP Registration Online: An existing partnership firm can be converted into an LLP through the Online Conversion LLP Registration process. In this process, the firm's partners transition to designated partners in the LLP, with the firm's assets and liabilities smoothly transferred. This conversion offers several benefits, such as limited liability for partners, distinct legal entity status for the LLP, and potential tax benefits.

Checklist for LLP Company Registration:

1. Minimum of two designated partners: An LLP requires a minimum of two designated partners, with at least one being a resident of the country where the LLP is registered.
2. Digital Signature Certificate (DSC): All designated partners must acquire a DSC to sign documents electronically.
3. Designated Partner Identification Number (DPIN): All designated partners must acquire a DPIN from the Ministry of Corporate Affairs (MCA) or the relevant authority in their country.
4. LLP Agreement: An LLP agreement is a legal document that specifies the rights, duties, and responsibilities of the partners and details the LLP’s management structure. It must be prepared and filed with the Registrar of Companies (ROC) within 30 days of incorporation. If you're asking What is LLP Registration in Goa, it refers to the process of formally establishing an LLP within the state, which includes preparing the LLP agreement and complying with local regulations.
5. Address proof: The registered office of the LLP must have 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 Goa

• Limited liability: The partners of an LLP are responsible for the LLP’s debts and obligations only up to the value of their contributions. Their personal assets are safeguarded and remain unaffected.
• Separate legal entity: A Limited Liability Partnership (LLP) functions as an independent legal entity, separate from its partners. This structure allows it to enter into contracts, hold assets, and participate in legal actions on its own.
• Flexibility in management: The partners of an LLP have the autonomy to manage the business and make decisions independently, free from the influence of external shareholders.
• Easy to set up: Setting up a Limited Liability Partnership is a simple and efficient process, involving less paperwork compared to other business entities.
• Perpetual succession: An LLP enjoys perpetual succession, meaning it remains operational regardless of changes in partners or their passing.
• Tax benefits: LLPs are taxed at a lower rate than companies, and partners do not incur taxes on the profits distributed to them from the LLP.
• Less compliance requirements: LLPs have less complex compliance requirements compared to companies, which leads to lower costs and less time spent on compliance.
• Transferability of ownership: In India, LLP ownership transfers can be executed smoothly, allowing the LLP to remain operational without interruption even when ownership changes.
• Access to funding: LLPs can access funding from partners, investors, and banks, which supports their growth and expansion.
• Credibility and brand image: Registering as an LLP boosts the business’s credibility and professional standing, which is essential for drawing in customers, investors, and partners.