Qualified Munim Group

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Limited Liability Partnership Registration

Limited Liability Partnership (LLP) is a popular business structure that provides the benefits of both a company and a partnership. At Qualified Munim, we provide LLP registration services to individuals and businesses looking to form an LLP.

Our team of experts can guide you through the entire process of LLP registration, from obtaining Digital Signature Certificates (DSCs) to registering with the Ministry of Corporate Affairs (MCA). We can also help you draft the LLP agreement and handle any post-registration compliance requirements.

An LLP offers the benefits of limited liability to its partners, which means that their personal assets are protected in case of any business liabilities or debts. LLPs also have a separate legal entity, which makes it easier to attract investment and enter into contracts. LLPs are also less complicated to maintain than companies, as they have fewer compliance requirements.

Overall, registering an LLP can be a wise choice for businesses looking for the flexibility of a partnership and the protection of limited liability. At Qualified Munim, we can make the LLP registration process simple and hassle-free for you.

Choose us

Why Should You Choose Qualified Munim Group?

  • Expertise: With over 10 years of experience, Qualified Munim Group has a team of experts who provide a wide range of services to startups and businesses.
  • Cost-effective solutions: We offer our services at affordable rates to ensure that every entrepreneur and business owner can benefit from our expertise.
  • Timely service delivery: Our team ensures timely delivery of services without compromising on quality.
  • Client-centric approach: We prioritize our clients’ needs and requirements and offer personalized solutions to cater to their unique business needs.
  • Simplified processes: We strive to simplify complex processes such as taxation, compliance, and registration to make it easier for our clients to focus on their core business activities.
  • Technology-driven solutions: We leverage technology to provide efficient and innovative solutions to our clients, ensuring that they stay ahead in the competition.
  • Trusted partner: Our clients trust us as their partner in growth, and we ensure that we provide them with the best possible support and guidance to achieve their business goals.
  • Dedicated Relationship Manager and On-call Support
  • Avail exclusive partner offers on web hosting, payment gateways, etc.
the process

Process of Limited Liability Partnership Registration

Step 1

Obtain Digital Signature Certificate (DSC) for Designated Partners

  • The first step towards LLP registration is to obtain a Digital Signature Certificate (DSC) for the Designated Partners of the proposed LLP.

Step 2

Obtain Director Identification Number (DIN) for Designated Partners

  • The next step is to obtain a Director Identification Number (DIN) for all the Designated Partners of the proposed LLP.

Step 3

File Form for Name Approval

  • After obtaining DSC and DIN, you need to file the Form RUN (Reserve Unique Name) with the Registrar of Companies (ROC) for getting the desired name approved.

Step 4

Drafting of LLP Agreement

  • After getting the name approved, the next step is to draft the LLP Agreement which defines the rights and duties of all the partners and governs the LLP's operations.

Step 5

Filing of Incorporation Forms

  • After drafting the LLP Agreement, the incorporation documents i.e., Form FiLLiP (Form for incorporation of Limited Liability Partnership) and Form LLP-2 (Statement of subscribers) are required to be filed with the Registrar of Companies (ROC).

Step 6

Issuance of Certificate of Incorporation

  • If the Registrar is satisfied with the documents and application, they will issue a Certificate of Incorporation, which means the LLP is officially registered.
DOCUMENTS CHECKLIST

Documents Required for Limited Liability Partnership Registration

01

LLP Agreement

A legally binding document defining the terms and conditions of the LLP.

02

Identity Proof of Partners

PAN card for Indian nationals, and passport for foreign nationals.

03

Address proof

Aadhaar card, passport, voter ID card, or any other government-issued document

04

DSCs

Digital Signature Certificates (DSCs) for the designated partners of the LLP.

05

Consent to become a partner

Consent of all the designated partners of the LLP.

06

Certificate of incorporation of the LLP

If any of the designated partners are companies, a copy of the certificate of incorporation of such companies must be provided.

Benefits

Benefits of Limited Liability Partnership Registration

Limited Liability Protection

The main advantage of LLP registration is that it offers limited liability protection to its partners. This means that the personal assets of the partners are not at risk in case of any legal or financial liabilities incurred by the LLP.

Separate Legal Entity

LLP is considered as a separate legal entity from its partners. This means that it can own property, sue or be sued in its own name, and conduct business transactions without any interference from its partners.

Easy to Incorporate

LLP registration is a simple and quick process that can be completed in a few days. It requires minimal paperwork and compliance formalities as compared to other forms of business entities.

Tax Benefits

LLPs are taxed as partnership firms, which means that they are not subject to corporate tax. The profits earned by the LLP are only taxed in the hands of the partners as per their respective income tax slabs. Additionally, LLPs also enjoy certain tax exemptions and deductions that can reduce their overall tax liability.