Limited Liability Partnership Firm Registration

Vijaykishan Financial Services Private Limited

Limited Liability Partnership Firm Registration

A Limited Liability Partnership (LLP) is a business structure that combines the flexibility of a partnership with the benefit of limited liability for its partners, similar to that of a corporation. This means that individual partners are protected from personal liability for certain partnership liabilities. An LLP is recognized as a valid and legal entity which has got a unique name and set of laws. Plus, liability is limited as in comparison to unlimited liability that can be observed in a Partnership Firm. An LLP is especially popular among professionals such as lawyers, accountants, and architects, as it allows them to benefit from the advantages of both partnerships and corporations.

Benefits of LLP firm Registration in India

  • As minimum as two members are sufficient and no maximum Limit.
  • No Personal Liability on Partners
  • Shared responsibilities and burden of running the business.
  • Combined Knowledge, Skills and Resources.

Documents required for LLP Registration

  • Minimum 2 partners Required
  • Name of three Proposed LLP Firm
  • Pan Card, Adhar Card, Photo, Mobile No & Mail Id of partners
  • Electricity Bill & Rent Agreement
  • NOC from Landlord.
  • Bank Statement of Partners
  • If the property is not rented but owned, then Property papers/Electricity bill
faq’s
Faq’s

Common Questions and Answers

  • Can you provide guidance on the benefits and eligibility criteria for Start-Up India registration?

    Start-Up India registration offers various benefits to eligible businesses, including tax exemptions, access to funding schemes, and eligibility for government tenders. Eligibility criteria include the age of the business and compliance with certain innovation and growth criteria.

  • What is the significance of FSSAI registration for businesses in the food industry?

    FSSAI registration is crucial for businesses in the food industry as it ensures compliance with food safety standards and regulations. It helps in building trust with consumers and regulatory authorities, thereby enhancing market credibility.

  • Do you offer assistance with drafting and filing necessary documentation for tax exemption registrations?

    Yes, we provide assistance with drafting and filing the necessary documentation for tax exemption registrations. Our experienced team will ensure that all required documents are accurately prepared and submitted to the relevant authorities.

  • Can you provide ongoing support and assistance for compliance requirements post-registration?

    Yes, we offer ongoing support and assistance for compliance requirements post-registration. Our team will keep you informed about any changes in regulations or compliance obligations and help you stay compliant with all applicable laws.

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