Limited Liability Partnership Registration in Uttar Pradesh

LLP registration in Uttar Pradesh is a preferred choice for entrepreneurs and professionals looking for limited liability protection. LLPs blend the benefits of partnerships and corporations, offering partners limited liability along with management and tax flexibility. Understanding the LLP Registration Process is essential to ensure a smooth and efficient setup, allowing you to take full advantage of these benefits.

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

Regular LLP Registration: This describes the standard online LLP registration process, customized for diverse business activities. The LLP is governed by its partners and taxed according to the Income Tax Act.

Conversion LLP Registration Online: An existing partnership firm can easily transition to an LLP through the Online LLP Conversion Registration process. In this process, the firm's partners become designated partners in the LLP, and the firm’s assets and liabilities are smoothly transferred. This conversion offers several advantages, including limited liability protection for partners, the LLP’s recognition as a separate legal entity, and potential tax benefits. To ensure a seamless and successful conversion, it is crucial to understand the Documents Required for LLP Registration.

Checklist for LLP Company Registration:

1. Minimum of two designated partners: An LLP needs a minimum of two designated partners, with at least one partner residing in the country of registration.
2. Digital Signature Certificate (DSC): All designated partners are required to obtain a Digital Signature Certificate (DSC) to electronically sign documents.
3. Designated Partner Identification Number (DPIN): Each designated partner must obtain a Director’s Personal Identification Number (DPIN) from the Ministry of Corporate Affairs (MCA) or the relevant regulatory authority in their region.
4. LLP Agreement: An LLP agreement is a legal document that specifies the rights, duties, and responsibilities of the partners and outlines the management structure of the LLP. It must be drafted and filed with the Registrar of Companies (ROC) within 30 days of the LLP's establishment.
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 Uttar Pradesh

• Limited liability: In an LLP, partners are responsible for the LLP's debts and obligations only up to the amount of their individual contributions, thus safeguarding their personal assets from being used to cover these liabilities. To ensure a smooth and compliant registration process, it's essential to be well-versed in the Documents Required for LLP Registration.
• Separate legal entity: A Limited Liability Partnership (LLP) operates as a distinct legal entity from its partners, allowing it to independently enter into contracts, hold property, and participate in legal actions.
• Flexibility in management: The partners of an LLP can manage the business and make decisions independently, without interference from outside shareholders.
• Easy to set up: Establishing a Limited Liability Partnership is a simple and efficient process, needing fewer documents than other business structures.
• Perpetual succession: An LLP enjoys perpetual succession, ensuring uninterrupted operation even when there are changes in partners, such as departures or deaths.
• Tax benefits: LLPs enjoy lower tax rates than companies, and partners are not taxed on the profits they receive from the LLP.
• Less compliance requirements: LLPs benefit from lower tax rates than companies, and the profits shared with partners are not subject to taxation.
• Transferability of ownership: In India, transferring ownership in an LLP is a simple process, ensuring the LLP can maintain smooth operations even with ownership changes.
• Access to funding: LLPs can access funding from partners, investors, and banks, which helps drive their growth and expansion.
• Credibility and brand image: LLPs can obtain financing from partners, investors, and banks, supporting their growth and expansion.