What is Limited Liability Partnership?

According to the Companies Act, 2013, a company may be formed for any lawful purpose by two or more persons, in which the company is

  • Limited by guarantee
  • Having the liability of its members limited by the memorandum to such amount as the members may respectively undertake to contribute to the assets of the company in the event of its being wound up

Advantages

  • Limited Liability
  • Infinite Existence
  • Gain Confident in Brand Promotions & Branding
  • Less compliance compared to Pvt Ltd
  • Tax Advantage

Required Documents

  • Require Documents Address & ID proof of all Partners,
    1. Mandatory – PAN Card
    2. ID Proof – Voters Identity Card / Driving License / Passport / Aadhar Card
    3. Address Proof – Bank Statement / Electricity Bill / Telephone Bill / Mobile Bill
  • Address Proof of registered office – Address proof of proposed registered office for registration of company.

Process

  • Initial level discussion between the Promoters and FirstMan Team.
  • Ascertaining documents required and availability.
  • Preparation and signing of documents.
  • Getting DSC [DIGITAL SIGNATURE CERTIFICATE] for all Directors.
  • Getting DIN [DIRECTOR IDENTIFICATION NUMBER] for all Directors.
  • Name Approval.
  • Form 2 Filing i.e. Incorporation of LLP
  • Preparing LLP Agreement.
  • Form 3 Filing i.e. Submission of LLP Agreement.
  • Company PAN & TAN.

Time for Registration

It takes around 7 to 10 days to complete the company registration process subject to MCA approvals.

2000+

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