Limited Liability Partnership Registration in Manipur

LLP company registration in Manipur is an ideal choice for entrepreneurs and professionals looking to set up a business with limited liability protection. LLPs combine the benefits of traditional partnerships and corporations, granting limited liability to partners while providing flexibility in management and taxation.

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

Regular LLP Registration: Opting to register an LLP in Manipur is a strategic choice for entrepreneurs and professionals looking to launch a business with limited liability protection. LLPs merge the benefits of traditional partnerships with those of corporations, offering limited liability for partners along with flexible management and taxation options. For anyone exploring Limited Liability Partnership registration, Manipur provides an advantageous setting for setting up your business.

Conversion LLP Registration Online: A partnership firm can smoothly transition to an LLP via the Online LLP Conversion Registration process. This conversion reclassifies current partners as LLP partners and seamlessly transfers the firm's assets and liabilities. The process provides numerous benefits, such as limited liability protection for partners, the LLP’s status as a distinct legal entity, and potential tax advantages.

Checklist for LLP Company Registration:

1.  Minimum of two designated partners:  An LLP must have 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):  An LLP must include at least two designated partners, with one of them being a resident of the country where the LLP is registered.
3. Designated Partner Identification Number (DPIN):  All designated partners are required to secure a Digital Signature Certificate (DSC) for the purpose of electronically signing documents.
4. LLP Agreement: The LLP agreement is a formal document that defines 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 incorporation.
5. Address proof: The LLP must provide valid 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 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 Manipur

• Limited liability: The LLP must provide the necessary documentation to verify the address of its registered office.
• Separate legal entity: A Limited Liability Partnership (LLP) functions as an independent legal entity, distinct from its partners. This allows the LLP to engage in contracts, possess property, and pursue legal actions in its own name.
• Flexibility in management: A Limited Liability Partnership (LLP) operates as a separate legal entity, distinct from its partners. This distinction allows the LLP to enter into contracts, hold property, and pursue legal actions independently.
• Easy to set up: Establishing a Limited Liability Partnership is a straightforward and efficient process, involving less documentation compared to other business structures.
• Perpetual succession: Creating a Limited Liability Partnership is a straightforward and efficient process that demands less documentation than other business structures.
• Tax benefits: LLPs benefit from lower tax rates compared to companies, and profits distributed to partners are not subject to additional taxation.
• Less compliance requirements: LLPs enjoy lower tax rates than companies, and the profits allocated to partners are not subject to further taxation.
• Transferability of ownership: LLPs enjoy lower tax rates than companies, and the profits allocated to partners are not subject to further taxation.
• Access to funding: LLPs can obtain funding from partners, investors, and banks, which supports their growth and expansion.
• Credibility and brand image: LLPs can secure funding from partners, investors, and banks, which helps facilitate their growth and expansion.