Limited Liability Partnership Registration in Rajasthan

LLP registration in Rajasthan is an ideal choice for entrepreneurs and professionals looking to establish a business with limited liability protection. This structure merges the benefits of a traditional partnership and a corporation, providing partners with limited liability while offering flexibility in management and taxation. We streamline the LLP registration process in Rajasthan, ensuring your business is set up for success from the very beginning.

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

Regular LLP Registration: This outlines a typical process for Online LLP Registration, tailored to suit diverse business activities. The LLP is governed by its partners and is taxed in accordance with the Income Tax Act.

Conversion LLP Registration Online: An existing partnership firm can smoothly transition into an LLP through the Online LLP Conversion Registration process. In this conversion, the firm's partners take on the role of designated partners in the LLP, and the firm's assets and liabilities are transferred seamlessly. This change provides several benefits, such as limited liability protection for the partners, the LLP's status as a separate legal entity, and potential tax advantages.

Checklist for LLP Company Registration:

1. Minimum of two designated partners: An LLP is required to have at least two designated partners, one of whom must be a resident of the country in which the LLP is registered.
2. Digital Signature Certificate (DSC): All designated partners are required to secure a Digital Signature Certificate (DSC) for the electronic signing of documents.
3. Designated Partner Identification Number (DPIN): Each designated partner must acquire a Director’s Personal Identification Number (DPIN) from the Ministry of Corporate Affairs (MCA) or the relevant regulatory authority in their jurisdiction.
4. LLP Agreement: An LLP agreement is a legal document outlining the rights, duties, and responsibilities of the partners, along with the LLP’s management structure. It must be prepared and filed with the Registrar of Companies (ROC) within 30 days of the LLP’s formation.
5. Address proof: The LLP's registered office must provide valid proof of its address.

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 Rajasthan

• Limited liability: The partners of an LLP are responsible for the LLP’s debts and obligations only up to the amount of their contributions, thereby safeguarding their personal assets from liability.
• Separate legal entity: A Limited Liability Partnership (LLP) operates as a distinct legal entity separate from its partners. This separation allows the LLP to enter into contracts, own property, and participate in legal actions independently.
• Flexibility in management: The partners of an LLP have the freedom to run the business and make decisions autonomously, without external shareholders' interference.
• Easy to set up: Creating a Limited Liability Partnership is a simple and efficient process, with fewer documentation requirements compared to other business structures.
• Perpetual succession: An LLP benefits from perpetual succession, meaning it can maintain operations without interruption even if there are changes in its partners, including their departure or death.
• Tax benefits: LLPs benefit from lower tax rates than companies, and partners are not taxed on the profits distributed to them by the LLP.
• Less compliance requirements: LLPs enjoy lower tax rates than companies, and partners are not taxed on the profits they receive from the LLP.
• Transferability of ownership: In India, ownership transfers in an LLP are simple, enabling the LLP to function seamlessly even with changes in ownership.
• Access to funding: LLPs can attract funding from partners, investors, and banks, supporting their growth and expansion.
• Credibility and brand image: Registering as an LLP enhances the business’s credibility and professional image, which helps in attracting customers, investors, and partners.