What is LLP ?
A limited liability partnership (LLP) is a flexible legal and tax entity where every partner has a limited personal liability for the debts or claims of the partnership.
Benefits of LLP Registration
- Limited Liability
- Lower Cost
- No minimum capital requirement:
- Less compliance
- Separate Legal entity
Minimum Requirements for LLP registration
- Minimum 2 Partners.
- At least one partner should be a resident of India
- LLP Agreement (Deed)
- At least one partner must be Indian
- DSC (Digital Signature Certificate)
Document requirements to register an LLP
- Copy of PAN Card
- Identity Proof (Voter Card, Passport, Driving License)
- Address Proof (Bank Statement, Mobile bill, Telephone bill, Electricity Bill)
- Passport Size Photo
- DPIN (Designated Partner Identification Number)
LLP Registration Fees
Basic Plan | INR |
DSC (up to 2 Partner) | 2000 |
DPIN (up to 2 Partner) | 1000 |
Professional Fees | 4999 |
Stamp Duty | 1000 |
Documents get after LLP Registration
- Incorporation Certificate
- LLP PAN Card
- LLP Deed
- LLP TAN/TDS
- DIN for 2 Directors
- Digital Signature Token (DSC)
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