For LLP enlistment in India, Lex N Tax is the most dependable and financially savvy specialist co-op. We can help you in enrolling your LLP if looking for the best LLP registration in Delhi development administrations in India. The main edge of an LLP is one accomplice isn’t liable for another accomplice’s bad behavior or carelessness. Experts, Micro, and Small endeavors like to shape LLP for their business.
LLP registration Services in Delhi offers the advantage of restricted obligation towards proprietors and simultaneously, needs the least support. Limited Liability Partnership (LLP) formation involves the creation of a business entity that combines the features of a traditional partnership with the benefits of limited liability for its partners.
LLPs are popular business structures for professional services firms, small businesses, startups, and ventures where partners want to share profits and manage the business collectively while limiting their personal liability for the company's debts and obligations.
Lex N Tax Associates provides exceptional company registration services in Delhi, ensuring a smooth and hassle-free process. Our experienced team handles all legal requirements and paperwork efficiently, making business setup quick and easy.
There are numerous advantages to maintain a business by establishing as an best LLP formation services in Delhi which is illustrated beneath:
It’s anything but a thorough rundown yet in addition covers some other fundamental advantages gather to an Best LLP Formation Services In Delhi .
The process of registering a Limited Liability Partnership (LLP) in India requires completing several essential steps for legal compliance and successful formation. Here's a step-by-step guide to registering an LLP:
1. Choose a Name for Your LLP: Select a unique name for your LLP that complies with the LLP Act, 2008 and rules made thereunder. The name should not be identical or similar to any existing company or LLP name.
2. Obtain Designated Partner Identification Number (DPIN): All designated partners of the LLP must obtain a DPIN by filing Form DIR-3 with the Ministry of Corporate Affairs (MCA).
3. Digital Signature Certificate (DSC): Obtain Digital Signature Certificates for all designated partners of the LLP. DSC is required for signing the incorporation documents electronically.
4. Prepare Incorporation Documents: Prepare the incorporation documents, including the LLP Agreement and Form FiLLiP (Form for incorporation of LLP), as per the prescribed format.
5. File Form FiLLiP: File Form FiLLiP online on the MCA portal along with the required documents and fees. The form should be digitally signed by a partner who is authorized to do so.
6. Approval of Incorporation: Once the application is filed, the Registrar of Companies (RoC) will review the documents and, if satisfied, will approve the incorporation of the LLP.
7. LLP Agreement: Draft and execute the LLP Agreement, which governs the rights, duties, and obligations of partners and the LLP. The LLP Agreement should be duly filed with the Registrar within 30 days of the LLP's incorporation to ensure legal compliance and avoid penalties.
8. Certificate of Incorporation: After approval, the RoC will issue a Certificate of Incorporation, confirming the formation of the LLP. This certificate serves as proof of existence of the LLP.
9. Obtain PAN and TAN: Apply for a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for the LLP from the respective authorities.
10. Compliance Requirements: Ensure compliance with ongoing regulatory requirements such as filing of annual returns, maintaining books of accounts, conducting audits, etc., as per the provisions of the LLP Act, 2008.
It's advisable to seek assistance from legal professionals or chartered accountants to ensure compliance with all legal and procedural requirements throughout the LLP registration process.