Online LLP Registration in Meghalaya
Limited Liability Partnership Registration in Meghalaya
Registering an LLP in Meghalaya is an attractive choice for entrepreneurs and professionals aiming to start a business with limited liability protection. LLPs combine the benefits of traditional partnerships and corporations, offering partners limited liability while providing flexibility in management and taxation. If you’re looking to Register Limited Liability Partnership, Meghalaya provides a favourable environment for your business venture.
There are two types of Limited Liability Partnership (LLP) Registration:
Regular LLP Registration: Opting to register an LLP in Meghalaya is a compelling choice for entrepreneurs and professionals seeking to establish a business with limited liability protection. LLPs blend the benefits of traditional partnerships and corporations, offering partners limited liability along with flexible management and taxation options. For those considering Limited Liability Partnership Registration, Meghalaya presents a favourable setting for launching your business.
Conversion LLP Registration Online: A partnership firm can easily transition to an LLP through the Online LLP Conversion Registration process. This conversion updates the status of existing partners to LLP partners and efficiently transfers the firm's assets and liabilities. It offers several advantages, including limited liability protection for partners, recognition of the LLP as a separate legal entity, and possible tax benefits. To ensure a seamless conversion, make sure you have all the Documents Required for LLP Registration.
Checklist for LLP Company Registration:
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.
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.
Designated Partner Identification Number (DPIN): All designated partners are required to secure a Digital Signature Certificate (DSC) for the purpose of electronically signing documents.
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.
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
- 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 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.