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:
A minimum of two selected partners is necessary for an LLP, and at least one of these partners must reside in the nation in which the LLP is registered.
Digital Signature Certificate (DSC): All designated partners must acquire a DSC to sign documents electronically.
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.
LLP Agreement: An LLP agreement is a legal document that outlines the management structure of the LLP as well as the rights, obligations, and responsibilities of the partners. It must be filled out and turned in to the Registrar of Companies (ROC) within 30 days of the company's formation. If you're asking, What is LLP Registration in Goa?
Address proof: A legitimate address proof is required for the LLP's 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 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
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.
Fewer Compliance Requirements: Requirements for compliance are simpler for LLPs than for corporations, which results in reduced expenses 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.